American Express (NYSE: AXP) and Transaction Network Services (NYSE:
TNS) today announced the launch of the American
Express® Payment Gateway, a payment service provider 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 transactions and provides fraud and card data security
for those transactions.
The American Express Payment Gateway offers the following capabilities:
Supports major card brands and payment types
Enables payment acceptance globally with multi-currency enablement in
over 120 global currencies and major local acquirer connectivity
Meets unique business needs through hosted solutions, standard or
custom implementation and in-country solutions
Delivers value-added services, such as Accertify's fraud management
solution, cardholder authentication capabilities, and TNS'
Provides product support with multi-lingual representatives by phone
24 hours a day, seven days a week, 365 days a year
As businesses look to build their online presence, the American Express
Payment Gateway connects merchants with all major processors, acquirers
and networks and helps enable all forms of online payment transactions
to be processed safely and securely by utilizing TNS' payment software
and global network and leveraging fraud protection capabilities from
Accertify, an American Express company and leading fraud prevention and
risk management provider.
"Through our relationship with merchants, we know they are looking for a
more reliable, global and stand-alone e-commerce payment solution," said
Suzan Kereere, Senior Vice President 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
"Our agreement with American Express demonstrates our commitment to
supporting merchant-based solutions," said Mike Keegan TNS' President
and Chief Operating Officer. "The combination of our reliable, global
card-not-present payments solution, Accertify's advanced fraud
capabilities and American Express' high-quality service, creates a
solution that stands out in the marketplace and will benefit merchants
of all types."
The American Express Payment Gateway is initially launching in four
countries: the United States, Mexico, United Kingdom, and Australia. The
companies plan to continue to evolve the payment gateway with additional
features and functionality, as well as roll it out to other countries.
For more information, please visit: https://paymentgateway.americanexpress.com.
About American Express
American Express is a global services company, providing customers with
access to products, insights and experiences that enrich lives and build
business success. Global Merchant Services is the merchant network of
American Express, that acquires and maintains relationships with
millions of merchants around the globe, which welcome American
Express-branded Cards. Learn more at americanexpress.com and
connect with us on facebook.com/americanexpress,
twitter.com/americanexpress and youtube.com/americanexpress.
About Transaction Network Services
Transaction Network Services (TNS) is a leading global provider of data
communications and interoperability solutions.
TNS offers a broad range of networks and innovative value-added services
which enable transactions and the exchange of information in diverse
industries such as retail, banking, payment processing,
telecommunications and the financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now
provides services in over 60 countries across the Americas, Europe and
the Asia Pacific region, with our reach extending to many more. TNS has
designed and implemented multiple data networks which support a variety
of widely accepted communications protocols and are designed to be
scalable and accessible by multiple methods.
For further information about TNS, visit www.tnsi.com.
William Tsang, 212-640-0933
Jo Moorwood, +44 (0) 114 292 0200