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.”
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