News

TNS brings FusionPoint Lite to U.S. markets

July 13, 2008

RESTON, Va. — U.S. point of sale and ATM acquirers and processors can now use high-speed transaction delivery while extending the life of in-store dial-up POS terminals and ATMs.

According to a news release, FusionPoint Lite, a service from Transaction Network Services, is being offered in the United states to enhancebroadband-based services.

The solution, backed by TNS' network of connectivity to payment processors, allows POS and ATM terminal owners, deployers and payment acquirers to securely migrate their dial-up terminals to broadband without disruption of equipment.

By migrating to broadband, TNS says, transaction times decrease and operating costs for the acquirer and the merchant are reduced, because dial-up fees are eliminated.

"We are delighted to be launching FusionPoint Lite in the U.S.," said Alan Schwartz, executive vice president of North American Sales at TNS. "This service provides the strength of TNS' PCI-DSS compliant network, the simplicity of a plug-and-play solution and the trusted support of TNS' operations team, to economically migrate dial-up POS and ATM devices to broadband."

The solution includes dial back-up service as a standard feature.

All transactions are protected using industry standard SSL 3.0 encryption along with mutual authentication. Each SSL session is authenticated via a unique, burned-in-device identity, offering a higher level of security for the delivery of payment transactions to acquiring banks, processors and card associations.

The TNS FusionPoint Lite service can be branded in line with the terminal owner's brand.