Streamline And TNS Deliver Faster Payment Processing For Merchants

Streamline, Europe’s leading face to face card payment processor, is now providing merchants with faster payment processing thanks to secure, authenticated IP connectivity from Transaction Network Services (NYSE:TNS).

Streamline is using the TNS Secure SSL Gateway, an industry-leading solution for IP POS terminals, to provide resilient, authenticated payment exchange between card payment terminals and the Streamline processing platforms. The custom-designed solution offers additional security features beyond the minimum requirements mandated by PCI DSS, to provide a secure high-speed solution that enables Streamline’s merchants to benefit from faster payment processing, shorter queues and costs savings where dedicated dial lines can be removed.

Fintan Byrne, TNS’ Vice President and General Manager for the UK and Ireland, said: “The TNS Secure SSL Gateway has been built to meet the stringent security and availability requirements of customers such as Streamline and we are delighted to be appointed to deliver this service. It is a testament to our collaborative working relationship with Streamline, which allows us to work together to design and deliver innovative IP technology solutions that do more than just meet the minimum PCI DSS requirements.”

Matt Rowsell, Chief Commercial Officer at Streamline said: “TNS has been our partner for payments connectivity for our dial-up point of sale terminal estate, so we had no hesitation in using its industry-leading expertise to deliver an IP based solution. Security was our number one focus in migrating to IP technology and TNS was the only provider that demonstrated both a clear understanding of our needs and the capability to deliver.

“We constantly strive to deliver a first class service for our customers, and know that speed and resilience are of paramount importance. Our customers are delighted with the speed benefits the new IP terminals provide and Streamline can be confident in the security and resilience of the network architecture that underpins it.”

Founded in 1990, TNS’ global expertise extends to more than 60 countries across Europe, the Americas and the Asia Pacific regions. Through its broader payment solutions offering, TNS now connects over a million merchants and retailers to the world’s leading banks, acquirers and processors, enabling secure, efficient and cost-effective delivery and processing of payments.

For more information about TNS, please visit www.tnsi.com

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 60 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.

For further 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

About Streamline

Streamline is the UK’s leading card payment acquiring business which allows customers to accept card payments at point of sale, over the phone and the internet. The company offers services across the entire payment value chain, including transaction capturing, merchant acquiring and transaction processing.

Clients vary in size from small family run companies to large multi-national corporations, spanning a broad spectrum of industries and sectors. Streamline is part of the WorldPay group of companies; one of the top five global players in card processing.

streamline.com

Copyright Business Wire 2010

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