Fairfax Media chooses TSN for e-payment solutions security

April 7, 2010 - 4:36am | News | Payment systems |
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Fairfax Media chooses TSN for e-payment solutions security

Fairfax Media, Australia’s leading print and online media company has chosen Transaction Network Services in order to deliver e-commerce payment solutions for its online subsidiary, Fairfax Digital, Australia’s premier network of online news, information and classified websites.

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 also benefits from TNS’ Stored Card Tokenisation solution which securely encrypts and stores customer card holder data. Fairfax prompts deployment of 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.

The TNS ePayment Gateway solution enables merchants to authorise and settle multi-regional card transactions securely, reliably and cost-effectively. The 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.


 




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