TNS and P97 Partnership Enables More Secure Mobile and Connected Car Payments

RESTON, Va.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/InternetofThings?src=hash” target=”_blank”gt;#InternetofThingslt;/agt;–P97 Networks and Transaction
Network Services
(TNS) are leading the way in facilitating secure,
efficient, and reliable connected vehicle and mobile payments across
North America and Europe.

Under the agreement, TNS provides P97 a managed tokenization
service enabling the secure provisioning and payment authorization of
consumer card-on-file accounts for mobile and in-vehicle applications.
Since its inception the partnership has enabled in-dash fuel payments
alone for more than 3 million vehicles across the United States.

“The Internet of Things is driving mobile commerce into retail fuel and
cars, allowing merchants, oil and gas companies and manufacturers to
develop greater consumer loyalty,” said TNS
Chief Product Officer, Bill Versen. “Through our partnership, P97
Networks and TNS provide leading tokenization services that protect
sensitive consumer data. P97 also gains access to a host of processing
partners through the use of TNS’ secure global managed communications
platform.”

The P97
PetroZone platform is a cloud-based mobile commerce and digital
marketing solution that connects retail fuel, convenience, consumer
packaged goods, quick-serve restaurants, and other merchants to their
consumers by enabling payments and omni-channel digital offers on any
device or connected car. P97 eases the purchasing process to increase
sales, build greater brand loyalty, and lower operating costs. PetroZone
is PCI DSS and SOC 2 Type II compliant, utilizing Microsoft Azure®
Cloud Services with multifactor authentication to protect sensitive
cardholder data.

The TNS solution involves token creation, enabling consumer payment
accounts to be stored on file in return for tokens, which offer
fraudsters no value if compromised. Once a token is generated for an
account, all future transactions involving the same account and mobile
device use tokens rather than actual account details. The cloud payment,
enabled by P97, uses TNS’ tokenization platform to ensure fast and
secure payments. This technology
is helping P97 and TNS continue to enable such things as in-dash fuel
payments at participating Shell-branded gas stations across the U.S.

“Working with TNS enables us to leverage their extensive global
footprint and reach virtually any payments-related endpoint,” said David
Nichamoff, Vice President of Global Payments and Connected Car at P97
Networks. “Transaction security, speed, and performance are essential
components of our customer’s brand reputation and service to consumers.
TNS’ reliable, highly available solutions help us provide that quality
of service within our mobile payments platform.”

Founded in 1990, TNS is a trusted partner to the payments industry and
offers a broad portfolio of solutions,
including secure and resilient transaction delivery services that are
used by many of the top banks, transaction processors and ATM deployers
around the world.

The organization has secured a strong payments heritage, providing
services across Europe, the Americas and the Asia Pacific regions. TNS
is a Level 1 PCI DSS certified service provider and a global board
member of the ATM Industry Association (ATMIA).
TNS’ secure network is supported 24x7x365 by multiple Network Operating
Centers around the world. For more information about TNS, please visit www.tnsi.com.

ENDS

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.

About P97

P97
Networks
 provides secure, cloud-based mobile commerce, in-vehicle
payments, and digital marketing solutions for the convenience retail,
fuel, and vehicle manufacturing industries under the brand name
PetroZone®. P97’s mCommerce solutions enhance the ability to attract and
retain customers by securely connecting millions of individual mobile
phones and connected cars with merchants using identity,
geolocation-based software that creates a unique mobile consumer
experience. For more information, follow us on Twitter @p97networks or
visit www.p97.com.

Contacts

Clare Cockroft
TNS
PR Director
T: +44 (0)114 292 0163
E:
[email protected]

Rachel Watson
TNS
PR Manager
T: +1 703 814 8065
E: [email protected]

Joanie Ferguson
P97 Networks, Inc.
713-588-4220
[email protected]

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