American Express and TNS Launch New Payment Service Provider
American Express and Transaction Network Services (TNS) have launched the American Express Payment Gateway, a payment service provider (PSP) solution that offers a single-source for all sized merchants looking to establish online payment functionality. The solution enables businesses to quickly and easily set up the ability to manage e-commerce and other card-not-present (CNP) transactions and provides fraud and card data security for those transactions.
The American Express Payment Gateway offers the following capabilities:
“Through our relationship with merchants, we know they are looking for a more reliable, global and standalone e-commerce payment solution,” said Suzan Kereere, senior vice president (SVP) and general manager, global network business at American Express. “We are delighted to work with TNS to address this need. The American Express Payment Gateway will enable businesses to focus their efforts on expanding their market reach, while we manage the processing, security and service behind online card acceptance.”