LONDON and DALLAS, Jan. 26, 2004 (PRIMEZONE) -- Trintech Group Plc (NASDAQ:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that Manchester City F.C., the famous Premier League club, has selected Trintech's bank-accredited PayWare Merchant to process retail and mail order card payments including EMV Chip and PIN card transactions.
Manchester City F.C. has implemented Trintech's PayWare solution at the club's high-tech Stadium in Manchester, originally home to the Common Wealth Games 2002. The server-based solution will manage all card transactions at the club's busy retail store and mail order department. This translates to less time queuing for fans and guests, easier reconciliation of transactions, central and local reporting. Currently, the club generates millions of pounds in revenue each year from a combination of ticket sales and merchandizing. The clubs objective was to install a secure transactional product that could handle heavy volumes of card payments in multiple environments securely.
"We are very happy to have chosen Trintech's PayWare solution," commented Duncan Martin at Manchester City F.C. "The move to our new stadium represented the perfect opportunity to update some aspects of our technology. The increased retail space and demand for mail order shopping requires a solution that can easily and securely handle the high volumes of card transactions we anticipate in the coming years."
"We have a very strong customer base within the sporting arena," said Eamon Keating, General Manager of Trintech's Retail Division. "We are particularly pleased that Manchester City F.C. chose PayWare Merchant as it will provide them with the option to manage card payments across multi-merchant environments, including retail, Internet and mail order in the coming years."
The PayWare Merchant solution is being jointly installed by Trintech's established reseller, Esperus Systems Limited, based in North London. Esperus have worked with Trintech on many large sporting retail projects over the past six years and are highly regarded as having one of the most ideal retail and mail order operating systems for the sporting and leisure industry.
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 Manchester City F.C.
Manchester City F.C. was founded in 1894. Since its founding it has notched up some great achievements including: League Champions twice, F.A. Cup Winners four times, League Cup winners twice, European Cup Winners Cup, First Division Champions 2001-2. A record breaking 36,000 season tickets have been sold ahead of the 2003-4 season. An additional Club membership is in excess of 10,000 and the National fan base is estimated to be in excess of 400,000. Manchester City F.C. has an active International Supporters Club with members in over 25 countries. The worldwide fan base thought to be around 2.5million. Manchester City F.C. is part of the firm commitment to community work by means of the City in the Community scheme (CITC). Manchester City F.C. is now top of the table of all Premiership Clubs in terms of fans satisfaction with their community work.
-- Manchester City F.C has a thriving retail business that has grown from localized selling in the early 1970s to an ever-expanding worldwide operation, most notably with concessions opening across China. The club is launching a groundbreaking concept in retail selling with the advent of "Reebok City" due to open at the City of Manchester Stadium in early July 2003. Manchester City F.C. is consistently in the top three places in the table of Premiership Clubs in terms of fan satisfaction with design, quality and pricing of club merchandize. -- According to the F.A Premier League National Fan Survey 2002-3 Season
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on over 15 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation -- enabling our customers to reduce transactions costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353-1-207-4000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1-972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (T: +44 (0) 1707 827000. www.trintech.com
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