Pay safe

Citation

(2002), "Pay safe", Work Study, Vol. 51 No. 5. https://doi.org/10.1108/ws.2002.07951ead.002

Pay safe

Pay safe

Trintech Group plc, a global provider of secure payment infrastructure solutions, has announced that PayWare eMerchant has been certified by all the top UK card acquirers. This includes Barclaycard Merchant Services, First Data Europe (FDE), HSBC and Streamline Merchant Services (a subsidiary of Royal Bank of Scotland). Collectively, these industry leaders process over 80 per cent of all UK card payment transactions. The new generation Trintech PayWare product includes improved security, fraud and convenience features. The service has successfully completed thorough type approval and merchant certification within a very short timeframe and is already being rolled out to a number of major UK customers. PayWare eMerchant allows merchants to accept multi-currency card payments, perform online authorisations and end of day data submission for settlement. The product integrates with point-of-sale, call centre, mail order and Internet operations. The solution also supports new features introduced into the UK by the acquirers, including fraud prevention features that allow transactions to be verified against the cardholder's address. Additionally merchants can now check the card security code, also known as CV2 data, which is printed on the reverse of the credit card. This helps to ensure that the customer has the card present when making telephone payments. These additional security barriers help to reduce the risk of fraud originating from telesales and other cardholder not present (CNP) environments. Trintech can be reached on the Web at: http://www.trintech.com/