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TNSPay Gateway Enables Westfield to Open Doors to New Virtual Shopping Centre
Australian shoppers can now enjoy online shopping at Westfield’s new online shopping mall, supported by the TNSPay gateway solution from Transaction Network Services.
Westfield’s new online mall featuring thousands of brands from Australian retailers, launched in November, uses TNS’ proven and trusted payments technology to offer the shopping centre’s merchants access to a secure eCommerce service for end-to-end payment processing, authorisation and settlement of card transactions.
Michelle Vanzella, Westfield Business Development Director, said: “We’re excited to provide our retailers a complete solution that enables them to easily expand into the eCommerce space. As the leading shopping centre group in Australia, we wanted to deliver the convenience of one-stop shopping to online shoppers and TNS’ PCI certified TNSPay gateway is a key part of enabling us to do this.”
“We chose to partner with TNS due to a number of factors, including its excellent reputation, its secure payments network, and its ongoing ability to support Westfield as we grow our virtual shopping centre with the aim of becoming one of the largest online store aggregators in Australia.”
The TNSPay gateway will enable Westfield’s online retailers to accept online shopping purchases. It is supported by TNS’ secure and resilient network, which offers the high availability, scalability and reliability required to process payments with major Australian and global banks.
John Banfield, Senior Vice President and General Manager, TNS Payments Division, Asia Pacific said: “TNS is proud to be the selected payment gateway provider for Westfield and to be a supporting player in Westfield’s online market expansion. TNSPay provides a secure environment for online transactions and companies seeking to expand online can benefit from our full featured solution, as well as our integration experience and support. We provide the key services needed for multi-acquirer environments – a flexible infrastructure for integration, additional security features to mitigate potential breaches and the ability to provide converged information for streamlined reporting.”
The TNSPay gateway incorporates numerous features to support the growing demands of online business, such as processing alternate payment types (PayPal) and helping combat payment fraud. For example, the TNSPay gateway includes Stored Card Tokenization, which provides a secure and cost-effective alternative to managing card details in-house. Cardholder information is securely exchanged using tokenization and stored remotely in TNS’ encrypted database, away from a merchant’s system and files.
Westfield Shopping Centres are part of the largest shopping centre group in Australia and is part of the Westfield Group. The Westfield Group is the world's largest listed retail property group as measured by the FTSE/EPRA NAREIT index. The Group has interests in and operates a global portfolio of 119 high quality regional shopping centres in Australia, New Zealand, the United States and United Kingdom valued in excess of $61 billion, with approximately 23,700 retailers in 10.5 million square metres of retail space.
TNS’ expertise in the payments industry extends to more than 40 countries across the Americas, Europe and Asia Pacific regions. For more information about TNS and the TNSPay gateway visit www.tnsi.com.