Trintech wins Automobile Association contract

Trintech [Nasdaq: TTPA] has signed a deal to supply the Automobile Association (AA) with its PayWare Merchant e-payment technology to automate call center and internet card payment transactions.

Trintech also said that UK card acquirers, including Barclaycard Merchant Services, First Data Europe (FDE), HSBC and Streamline Merchant Services (a subsidiary of Royal Bank of Scotland) have certified PayWare Merchant.

This ensures that large corporations, such as the AA, can use Trintech's solution with any major acquirer in that market.

The company said that PayWare Merchant supports new features, including fraud prevention features that allow transactions to be verified against the cardholder's address.

Additionally, merchants can now check the card security code, which is printed on the reverse of the credit card.

These additional security barriers help to reduce the risk of fraud originating from telesales and other "cardholder not present environments", such as the internet.