TNS' Managed POS Encryption helps merchants to protect sensitive customer information by eliminating the transmission of 'clear' cardholder data from the merchant environment, according to a company release.
April 21, 2015
Transaction Network Services is giving processors and merchants a choice of point-to-point encryption technology by augmenting its Managed POS Encryption portfolio with the addition of Ingenico Group's On-Guard solution, according to a company release.
TNS' Managed POS Encryption, which was launched in 2010, and covers several terminal and hardware agnostic encryption solutions, helps merchants to protect sensitive customer information by eliminating the transmission of 'clear' cardholder data from the merchant environment, according to a company release.
"We're delighted to be expanding our Managed POS Encryption portfolio to include Ingenico's On-Guard, which enables us to offer processors a greater choice of devices compatible with point-to-point encryption technology," Lisa Shipley, executive vice president and managing director for TNS' Payment Network Solutions, said in a statement. "P2PE has been recognized as an effective defense against data breaches and, with different hacking attacks seemingly hitting the headlines every month, it is critical that processors offer their merchants the chance to diversify their risk by using a neutral third party provider for encryption services."
TNS' Managed POS Encryption protects data from the point-of-sale terminal through to the payment acquirer or processor, utilizing multiple high-capacity decryption gateways located within geographically diverse data centers and supported by dynamic alternate routing capabilities. Merchants can benefit from limited up-front capital expense and can also eliminate the need to commit to any ongoing personnel, management or maintenance resources, said the release.