Yum Brands franchisee selects TransNet for integrated payments

Ottawa,, Canada Payment solution provider Precidia Technologies said Tuesday that M Foods, a franchisee of Yum Brands, has selected Precidia's TransNet payment engine to integrate credit- and debit-card processing with electronic cash register systems in KFC restaurants.

The solution will allow the restaurants to route debit- and credit-card transactions to any processor using existing systems.

M Foods owns and operates KFC and other restaurants with locations throughout New York.

"The management tools with TransNet are extremely helpful,” said Ray Aley, franchisee. "Features like batch settlement alerts offer a glimpse of our daily sales volume. Daily administrative tasks are made easier. In addition, the theft and fraud alerts can help prevent serious losses for restaurants."