Trintech Group PLC and TANTAU, a leading developer of software and services for mobile ecommerce (m-commerce), have announced a strategic partnership to deliver an integrated mobile banking and secure ePayment infrastructure for the next generation of wireless devices.
Through this partnership, TANTAU and Trintech will provide financial services institutions and service providers with the ability to offer customers convenient payment options for wireless transactions through a secure “virtual credit card” that automatically form fills Internet merchants’ payment pages and acts as a portal to wireless ebanking services.
As part of the agreement, Trintech and TANTAU are applying engineering resources to integrate Trintech’s PayWare mAccess(TM) and PayWare eIssuer(TM) server-based products with TANTAU’s Wireless Internet Platform. With this combined technology, banks can expand their customer relationships by enabling customers to conveniently and securely conduct wireless e-commerce transactions without having to repeatedly input payment information.
Consumers first set up a virtual payment profile through their bank or financial services institution, which stores the information so it can be quickly accessed for a wireless e-commerce transaction. Using a wireless device that accesses Trintech’s mAccess, consumers can shop using a virtual credit card that resides in Trintech’s secure PayWare eIssuer. Both products from Trintech, in conjunction with TANTAU’s Wireless Internet Platform, are located at the financial institution or a trusted service provider. TANTAU’s software provides the highly scalable and secure conduit for the wireless device to access the bank’s IT infrastructure, and serves as the wireless and wired e-commerce platform.
“For financial services organizations, wireless banking and secure payment capabilities are the way to build customer loyalty and increase customer retention,” says John Sims, president and chief executive officer of TANTAU Software. “Our agreement with Trintech helps deliver on the promise of secure banking and secure mobile e-commerce for the millions of consumers that will access their banking services, including ePayment execution, via wireless devices.”
“Providing secure ePayment available on any device is a core mission in Trintech,” says John McGuire, CEO of Trintech. “By partnering with a market leader like TANTAU, we can add wireless financial services and secure ePayment. This allows banks to enjoy the substantial synergies that accrue from the combination of our joint range of wireless products.”
About TANTAU’s Wireless Internet Platform
TANTAU’s Wireless Internet Platform enables an enterprise or a service provider to integrate its wireless and wired online channels. The platform interacts with back-end applications and data sources and gives the ability to create personalized applications based on user preference. It features multiple protocol support, end-to-end security from the device to the data center, multi-platform availability, and offers critical scale and performance features such as load balancing and fail-over, and wireless session management. TANTAU’s software brings security, scalability, high availability and transaction integrity, as well as allowing a direct link between a bank and its mobile customers.
About PayWare mAccess
PayWare mAccess is a modular, server-based mCommerce payment solution that enables card issuing banks, portals/ASPs, content converters and wireless network operators to securely process card payment transactions from a variety of wireless devices, including cell phones, PDAs and set-top boxes. When deployed in conjunction with a server-based consumer payment technology, such as Trintech’s PayWare eIssuer, wireless users benefit greatly from enhanced security and “one touch” form fill of mobile commerce merchant payment pages.
TANTAU Software Inc. is a leading provider of software and services that enables enterprises to conduct high-volume, secure, mobile ecommerce transactions while maintaining direct access to their customer. TANTAU’s blue-chip customer base includes major financial institutions and stock exchanges. The company has strategic alliances with Compaq Computer Corporation, Hewlett-Packard, NEON Systems, New Era of Networks and Baltimore Technologies. TANTAU is a member of the WAP (wireless application protocol) Forum and Radicchio, the global industry consortium that promotes security for wireless ecommerce. Headquartered in Austin, Texas, TANTAU is a global company with development and sales offices around the world, including Australia, Finland, Germany, Switzerland, the United Kingdom and the United States.
More information can be found on TANTAU’s Web site at
Trintech Group PLC is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, which was founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech’s secure product range is deployed in over 35 countries worldwide and cover the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. 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 all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: 650/227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: 353-1-207-4000). Trintech can be reached on the Web at . Investor information can be found at .Details