New Zealand´s electronic payment network, Paymark, is partnering with Transaction Network Services (TNS) to reinforce its EFTPOS services with a new range of alternative, feature rich and highly reliable payment solutions, the company said.
The agreement will enable Paymark to extend support for its popular dial up service to merchants in New Zealand by another three years, with the option to extend well into the future. Paymark will also be able to introduce new wireless and IP POS services, as required by its merchants, thanks to TNS´ Global Wireless Access and TNSLink for Retail solutions.
TNS´ Global Wireless Access is a managed roaming wireless POS solution which will offer merchants greater security, coverage and reliability. It combines strongest signal detection with data roaming to overcome traditional blackspots allowing merchants to transact.
The TNSLink for Retail solution will replace Paymark´s OneOffice and RetailZone services for large merchants and offer additional functionality, including secure high speed bi-directional connectivity support for time reporting, inventory monitoring and other back office applications in addition to handling the POS transactions taken instore.
TNS´ Dial solution provides high availability with advanced node and circuit redundancy, back-up and flexible routing capabilities. It has been designed to deliver all types of transaction traffic, including credit and debit cards, pre-paid mobile top-ups, gaming, alarms, inventory control, order entry and other transaction-oriented applications.
It delivers shorter and more cost effective transaction times than general purpose network service providers and supports all known POS protocols. Near real-time visibility, monitoring and reporting is provided by TNSOnline.
The TNSLink for Retail solution uses broadband with 3G/4G back-up or multi-network 3G/4G to provide failover and enable stores to continue to operate if the primary means of connectivity becomes available.
TNS´ Global Wireless Access can provide significant cost and time savings by allowing the bulk provisioning of SIMs, and the use of an advanced management and diagnostics portal gives flexibility and control over SIM deployment.
Since it was founded in 1990, TNS has secured a strong payments heritage and expanded to provide services in more than 60 countries across Europe, the Americas and the Asia Pacific regions. The organization is a Level 1 PCI DSS certified service provider and its secure network is supported 24x7x365 by TNS´ Network Operating Centers around the world.
Paymark is New Zealand´s electronic payments company. For the past 26 years we have served hundreds of thousands of New Zealand merchants through our safe, secure and reliable infrastructure.
Paymark covers more than 140,000 terminals, accounting for in excess of 75% of the New Zealand payments landscape. We process around 60 transactions every second of the day.