Wednesday, July 16, 2008

Business: Australian online tour operator Euroscape diversifies

Sydney (BUSINESS WIRE) - Euroscape is strengthening its global business by diversifying its payment capabilities with a new multi-currency conversion system from Transaction Network Services (NYSE:TNS).

The deal, using TNS' Merchant Payment Gateway Solution, will help Euroscape expand its customer base by allowing the firm to accept payments in US, Singapore and New Zealand Dollars, British Pounds and Euros, as well as Australian Dollars as it does currently.

Iva Dalco, Managing Director at Euroscape, explained: "This is a key part of our strategy to grow our business and sell our products throughout the world. Using TNS' Merchant Payment Gateway will allow us to accept payments securely in six of the major currencies, ideally positioning us to serve a substantial amount of consumers around the globe.

"In addition to our Australian customers, we are enjoying significant levels of business from across the world, but particularly in Europe. As an online business we target a global market and it is essential our payments technology supports this with the flexibility to accept multiple currencies."

Euroscape acts as a tour and accommodation wholesaler, providing services for individual travellers. TNS has processed the company's payments in Australian Dollars since last November.

Chris Hughes, Vice President of Sales at TNS Asia Pacific, said: "We're delighted that Euroscape has chosen to extend its relationship with us. TNS' Merchant Payment Gateway Solution provides Euroscape with one complete package, boasting a range of additional services, but most importantly capable of accepting payments in foreign currencies, while continuing to process transactions through Euroscape's local acquirer.

"Euroscape is a fast growing company and enjoying heightened levels of traffic to its website, so the ability to convert as much business as possible is a key component of its expansion strategy."

TNS' PCI-DSS compliant Merchant Payment Gateway enables companies to easily and economically process internet and card-not-present payments in local and overseas markets. As part of TNS' Global Payment Gateway solutions, merchants can authorise and settle multi-regional card transactions securely, reliably and cost-effectively.

The TNS Global Payment Gateway processes payments for an ever-growing ecosystem of over 18,000 merchants, more than 110 banks and major card schemes worldwide.

About TNS

Transaction Network Services (TNS) is an international communications company that enables payments, money and voices to move data around the world.

In June of 2007, TNS acquired local Australia Payment Gateway provider Dialect Payment Technologies. Dialect's products - Safepay Lite, SafePay Standard and SafePay Enterprise are now offered within TNS' Merchant Payment Gateway Solutions product family.

TNS' mission is to enable the world to transact. It does this through a broad range of networking, communications and value added services, which it provides to many of the world's leading retailers, banks/processors, telecommunications companies and financial markets.

Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS' networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods.

Today, TNS has 32 offices across 28 countries with the ability to provide services in other countries. For further information about TNS' transaction solutions, please refer to www.tnsi.com.

Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. www.tnsi.com

TNS
Clare Cockroft Tel: +44 (0)114 292 6416 ccockroft@tnsi.com
or
Beka HortonTel: + 1 703 453 8432 bhorton@tnsi.com

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