RESTON, Va. - Transaction Network Services, provider of network and data communications services for transaction applications, is providing network services for FastLane Secure Payments' private payment network.
According to a news release, TNS provides transaction connectivity across the United States for FastLane's Virtual Payment Network. With VPN, merchants can verify a consumer's identity by swiping a driver's license or state-issued ID card. Once identity is verified, consumers can access checking-account debit services, loyalty and gift card services.
"We are certainly impressed with TNS's ability to provide high quality POS dial-up data transport," said Carl Towner, FastLane's chief executive. "We expect FastLane to process large daily transaction volumes, and we have every confidence that FastLane's clients will enjoy superior service and reliability on the TNS platform."
