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Transaction Network services adds Ingenico terminal to portfolio

TMCNet:  Transaction Network services adds Ingenico terminal to portfolio

[January 08, 2013]

Transaction Network services adds Ingenico terminal to portfolio

Jan 08, 2013 (TELECOMWORLDWIRE via COMTEX) -- Ingenico and Transaction Network Services (NYSE: TNS) said that TNS has certified Ingenico's Telium 2 iWL250 wireless payment terminal for use with the TNSPay Mobile wireless payment gateway in the United States. Ingenico's device is the first EMV-ready payment terminal available on the market to support 3G connectivity.

The iWL250 terminal meets the latest PCI PTS version 3.0 security requirements and is equipped to handle both EMV- and NFC transactions. The certification of Ingenico's terminal helps TNS to continue with its strategic objective to provide merchants and ISOs with the most innovative mobile technology to accept all forms of payments.

Manufactured with advanced merchant functionality in mind, the iWL250 handheld terminal operates on 3G wireless networks, as well as legacy infrastructures and diverse payment processing platforms. The terminal is designed to support traditional magstripe cards, along with newly emerging EMV and NFC dynamic payment options. The terminal uses Ingenico's global dual chip Telium 2 architecture and is fully PCI compliant, facilitating secure, fast and reliable transactions. The iWL250 comes standard with embedded multiple forms of payment processing technologies, which precludes the need for expensive future hardware upgrades.

Ingenico is a provider of payment solutions, with over 17 million terminals deployed in more than 125 countries. Its 3,600 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on www.ingenico.com Comments on this story may be sent to tww.feedback@m2.com

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