Midcounties Co- operative upgrades with TNSPay

The UK’s largest independent Co-operative, The Midcounties Co-operative, is upgrading its payment systems with faster processing, enhanced security and new contactless functionality from Transaction Network Services (TNS). 

Midcounties Co-operative, which has 253 stores throughout central England and beyond, will use the TNSPay solution as part of a point of sale upgrade it is undertaking with retail integrator InControl. TNSPay will enable Midcounties Co-operative to accept contactless payments of up to £20 in value, alongside EMV Chip and PIN transactions, processed by the PA-DSS validated TNSPay Payment Client. Support for contactless payments is integrated into the PIN Entry Device (PED), eliminating the need to have a separate contactless reader, saving valuable counter-space and reducing cabling complexity.

Andy Cresswell, Deputy CEO – Trading at Midcounties Co-operative, said: “When considering the upgrade to our ePOS estate, it was vital that we worked with a provider that could reduce our PCI compliance efforts, while enhancing our systems with new technologies. Contactless payments will allow customers to pass through our checkouts more quickly and easily, while the point-to-point encryption functionality should go a substantial way to reducing both the cost and complexity of our PCI compliance requirements.”

Fintan Byrne, TNS’ SVP and General Manager of UK and Ireland, said: “We’re delighted that Midcounties Co-operative has chosen TNSPay and become an early adopter of relatively new technologies such as point-to-point encryption and contactless payments. The benefits TNSPay provides will enable Midcounties Co-operative to maintain a competitive edge in the industry.”

TNSPay is a multi-channel payment gateway solution, which supports all major EMV cards and transaction types. It delivers fast and reliable transaction processing and is pre-accredited with leading UK and Irish banks.

Simplifying reconciliation and reporting, users can receive real-time management information with all transaction data available via the web for viewing or download. In addition, TNSPay Estate Manager allows merchants to remotely administer and manage their PIN-entry device (PED) estates, simplifying configuration and providing the ability to remotely upgrade PEDs, removing the need for costly site visits to update hardware in stores.

Founded in 1990, TNS’ global expertise extends to more than 60 countries across Europe, the Americas and the Asia Pacific regions. Through its broader payment solutions offering, TNS now connects over a million merchants and retailers to the world’s leading banks, acquirers and processors, enabling secure, efficient and cost-effective delivery and processing of payments.

For more information about TNS, please visit www.tnsi.com

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