StrataPay is set to grow

In Australia Transaction Network Services and its card-not-present payment solution designed to expand with growing businesses were selected by Innovative Australian payments processor StrataPay which is striving for growth in the market.

Using TNS’ Merchant Payment Gateway Solution StrataPay is able to process payments made by its client’s customers online and over the phone.

The processor was formed in 2000 and at present time StrataPay provides merchants with payments services, helping them to simplify the accounts receivable process and improve cash flow. Over 35 industries across Australia are serviced by StrataPay and there are almost 6,000 registered billers cooperating with it.

“TNS’ Merchant Payment Gateway ideally suits our needs as a growing business, giving us the flexibility to handle more and more merchant profiles as our business expands,” said Tony Irvine, Chief Operating Officer for StrataPay.

After the appropriate information is passed to TNS service arrangement enables merchants the same day to begin processing live transactions within hours.

Companies using TNS’ Merchant Payment Gateway Service, which is PCI-DSS compliant, are able to easily and economically process internet and card-not-present payments in local and overseas markets. Over 18,000 merchants, more than 110 banks and major card schemes worldwide are partnering with TNS.