TNS technology and services support major banks in Australia, New Zealand, Asia, and around the world*.
*Depends on your requirements
A list of supported banks includes, but not limited to:
Australia's Popular Online Classified Marketplace Selects TNS for Payment Security
Fairfax Digital Chooses TNS for Payment Solutions
Sydney, Australia – April 7, 2010 – Australia’s leading print and online media company, Fairfax Media, has selected Transaction Network Services (NYSE:TNS) to provide eCommerce payment solutions for its online subsidiary, Fairfax Digital, Australia’s premier network of online news, information and classified websites.
As part of the solution, Fairfax Digital has access to the TNS ePayment Gateway, which addresses fraud, security and reconciliation for online payments. These card-not-present transactions are all managed within TNS’ PCI DSS certified processing environment which removes the burden associated with internal administrative payment systems and procedures.
“Fairfax Digital sought the best in payment solutions and selected TNS because of their comprehensive offering in IP service, card data management, and transaction security,” said Brent McLean, Fairfax Digital Technology Manager. “We are proud of our growing online capabilities and TNS’ global payment expertise will help us ensure we offer the community a secureand positive online experience.”
In addition to payments processing, Fairfax also benefits from TNS’ Stored Card Tokenisation solution which securely encrypts and stores customer card holder data. This solution leverages tokenisation technology to securely exchange sensitive card data for a unique “token” to be stored in the merchants system. The token protects the card information from unauthorised access. By applying these TNS solutions, merchants are able to significantly reduce the scope of PCI DSS and associated costs.
John Banfield, TNS Senior Vice President, Asia Pacific said: “It is with great pleasure we bring our solutions to Fairfax Digital, a leading platform for Australia’s eCommerce community. Fairfax is the right type of business to benefit from our scalable services, which incorporates best practices for managing the security and delivery of critical payment transactions.”
As part of TNS’ global payment gateway solutions, merchants can authorise and settle multi-regional card transactions securely, reliably and cost-effectively. The TNS ePayment Gateway solution helps process card-not-present payments for an ever-growing ecosystem of over 18,000 merchants, more than 110 banks and major card schemes worldwide.
About Transaction Network Services
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions.
TNS offers a broad range of networks and innovative value-added services which enables transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets .
Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 40 countries across the Americas, Europe and the Asia Pacific region, with our reach extending to many more. TNS has designed and implemented multiple data networks which support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods.
Forfurther information about TNS, visit www.tnsi.com. ‘One Connection, A World of Opportunities’
Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. www.tnsi.com
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