Lyra Helps Customers Transact Safely With Vodafone's Secure Network Connectivity
Today, the business is a major player in India with over 5 million corporate customers and over 8,000 global and national accounts.
The Need
Lyra Network is a leader in electronic funds transfer at point of sale (EFTPOS) transactions, specializing in secured transaction routing services through multi-brand POS terminals.
Their aim was to expand their services in India. However, setting up a network of POS terminals across the country was proving to be a challenge. Lyra was looking for a network provider who could ensure secured, restricted wireless access across India via GPRS/EDGE.
The Solution
Backed by a robust network infrastructure and over 300 PoPs spread across 130 locations in India, Vodafone offered a wireless network through a dedicated, secure private APN with IPSec as last-mile connectivity. This ensured that data transfer between terminal and mobile devices was seamless and secure.
Business Benefits
Vodafone's reliable connectivity ensured that customers have instant payment transactions through terminals, and also provides increased network uptime and efficient seamless transactions. It also made the data transfer between mobile devices and terminals fairly easy. Vodafone's real-time transaction flow analysis offered an easy way to trace EFTPOS connectivity straight from retail stores.
Vodafone's pan-India coverage brought down TCO for Lyra and the infrastructure supported Lyra's stringent data transfer and IT policies. Vodafone provides a dedicated round-the-clock support and the system prevents the misuse of SIM cards. Lyra Network has emerged as the leader in PoS systems in India, successfully executing millions of EFTPOS transactions.