Live Payments is looking to strengthen its 8,000 terminals with managed connectivity from TNS as part of a strategic upgrade to its nationwide network. As such, following partnership, the company will be enabled to use TNS’ resilient and fully managed 4G-connected payments network to power its smart terminals collection.
By collaborating with TNS on the Smart Terminals migration, the company will be enabled to offer transactions in a faster manner, with innovative commerce and payments capabilities, support for new apps, and the ability to build value added services more efficiently. TNS’ 4G connectivity will be used alongside the Smart Terminal’s Wi-Fi and offline processing capabilities. TNS’ managed service offering provides resilient connectivity while simultaneously delivering heightened levels of security, as data is routed across TNS’ PCI DSS certified payments network, thus eliminating the risk of misusing SIM card data which is present when SIMs are exposed to the internet.
Speaking on the partnership, Live Payments officials have stated in the press release that the enhanced level of security that is provided by TNS’ network and its round the clock monitoring and support is what made the company a strategic fit for their business, stating that the smart terminal technology aims to empower their customers to focus on their core objectives and leave the payments service elements to them. With TNS having experience in facilitating moves to the latest technology, company representatives have advised that offering support in enabling Live Payments’ adoption of smart terminals and secure and resilient connectivity plays to TNS’ strength, continuing to say that they are looking forward to being a part of Live Payments’ digital transformation.
Live Payments is an Australia-based payment service provider that was founded in 2006 as a taxi payments specialist and expanded and diversified to serve other merchant types, now having over 8,000 customers across Australia. The company offers a full suite of business solutions and products targeting the growth of small businesses, its range of payments solutions being designed to address the evolving needs of customers and make use of the benefits associated with the latest technology.
Transaction Network Services is an Infrastructure-as-a-Service (IaaS) solutions provider for the payments, communications, and financial markets. The company supports thousands of organisations in over 60 countries to interact efficiently, conduct mission critical processes securely and adopt new technologies flexibly through means of its portfolio of innovative, value-added services. Enabling and powering payment strategies for businesses, TNS Payments Market business transports transactions globally in a secure and reliable manner. Additionally, the company enables its partners to simplify, secure and manage complex aspects of the payment ecosystem by providing consumer touchpoints, global connectivity, and transaction processing solutions. A Level 1 PCI DSS certified service provider, its secure network is supported 24x7x365 by TNS’ Network Operating Centres based in the USA, UK, Malaysia, and Australia.
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