More NewsBritish Regional Society Installs Credit Card Technology From TNS

British Regional Society Installs Credit Card Technology From TNS

The Anglia Society, the sixth largest co-operative society in the UK, is set to dramatically reduce the time it takes to authorise credit card transactions with an IP-based solution from communications and processing specialist, Transaction Network Services (UK) (TNS). The solution delivered by TNS provides the Anglia Society with the fastest way to securely authorise credit card transactions with the acquiring banks. Payment data from the 400 till points across Anglia’s 75 stores will be securely transported over TNS’s private network, providing a high-speed digital connection for card authorisation. Chip and PIN has been the major driver for Anglia’s change of till system. Authorising Chip and PIN payments requires a larger amount of data to be transmitted than for traditional magstripe payments. Recognising the increase in performance IP technology provides, Anglia has integrated this into its new till system, greatly reducing communication costs.

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