DUBLIN, Ireland, May 27, 2003 (PRIMEZONE) -- Trintech's (Nasdaq:TTPA) (Prime Standard (Regulated Market):TTP) PayWare is Deployed at Virgin Headquarters to Deliver Robust and Scalable Transaction Processing from Various Environments.
Trintech Group Plc , a leading provider of secure payment solutions today announced that Virgin Cars (www.virgin.com/cars), the leading vehicle retailer in the U.K., has selected Trintech's PayWare Merchant solution to automate the secure processing of online and call center card transactions.
Virgin Cars has deployed Trintech's PayWare solution at its headquarters in Hemel Hempstead, Hertfordshire. The server-based solution will manage all online card and call center transactions. The challenge for Virgin Cars was to install a product that could manage heavy volumes of high value transactions securely with the ability to scale to handle an increase in transaction traffic. By selecting Trintech's PayWare Merchant solution, Virgin Cars now has a proven solution that will reduce costs, ease reconciliation and speed up transaction times.
"We are very happy to have selected Trintech's PayWare solution," said Richard Boylan, IT Manager at Virgin Cars. "Since launching in May 2000 we have sold thousands of cars, so it's imperative that we have a secure online card transaction mechanism in place to enable us to continue our strong online and call center sales growth"
"We are delighted to be working with such a leading brand" said Eamon Keating, General Manager of Trintech's Retail Division. "This latest version of PayWare Merchant will allow Virgin Cars to manage card payments securely and efficiently, and ensure that their sales transactions can keep pace with their sales growth and vision."
Virgin Cars offers motorists a one-stop shop for buying vehicles, selling a mixture of new, pre-registered and nearly new cars, company cars, vans, bikes and scooters. Virgin Cars offers a huge choice with over 3,500 different combinations of makes and models of cars, many of which are in stock. Virgin Cars is also able to offer impartial advice, value, different purchasing methods and comprehensive after-sales care.
About PayWare Merchant
PayWare Merchant is Trintech's latest generation payment server that enables merchants, to accept card payments and perform rapid online payment authorization from any sales or order processing system. PayWare Merchant integrates seamlessly with electronic point-of-sale (EPoS), call center systems, Internet web sites and other business systems. This integrated solution is easy-to-use, avoids keying errors, reduces fraud and leads to lower transaction charges. PayWare Merchant can provide payment processing for both single and multi-site, multi-merchant operations. Easy front and back office integration allows PayWare systems to operate seamlessly, providing a complete audit trail with sophisticated monitoring and reporting facilities.
About Virgin Cars
Virgin Cars launched in May 2000, and is the U.K.'s leading retailer of cars, vans, bikes and scooters. Its sells a range of new, pre-registered and nearly new vehicles directly via the telephone and Internet and from its recently launched vehicle department store in Salford Quays. www.virgin.com/cars
About Trintech
Founded in 1987, Trintech is a leading provider of secure electronic payment infrastructure solutions for card-based transactions for traditional commerce, eCommerce and mobile commerce. The company offers a complete range of payment software products for credit, debit, commercial and procurement card applications, as well as being a world leader in the deployment of payment solutions for Internet commerce that are fully compliant to industry security standards. Trintech's range of scalable open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for traditional payments and the emerging world of electronic commerce. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (T: +353-1-207-4000), the US at 15851 Dallas Parkway, Suite 940, Addison, TX 75001 (T. +1-972-701-9802), and the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (T: +44 (0) 1707 827000, www.trintech.com