“Atos Origin Introduces its Internet Payment Service to UK Customers”
London, June 29 2005
Helping Banks and Retailers Minimise the Fraud Risk of On-Line Card Payments Atos Origin, a leading IT services company, today announced that its Internet Payment Service provided by Atos Worldline - its European subsidiary dedicated to the processing of large-volume electronic transactions - is being introduced into the UK, where Card Not Present fraud grew 24% to £151 million in 2004. The significant further development of this service is in response to intense demand from the UK retailers and Banks, who recognize that the management of fraud is pivotal to maintaining profit levels, customer loyalty and trust.
The Atos Worldline Internet Payment Service is a secure, real time, on-line credit and debit card payment service with built-in fraud protection and detection solutions that helps companies minimize the fraud risk associated to on-line card payment transactions. The service has recently been enhanced to provide greater capacity for processing higher volumes of transactions, improved levels of security as well as a higher quality of service. Additional functionality has also been added to support payments made via mobile phones.
“On-line shopping has grown significantly in the last few years and with it the associated CNP fraud, which is beginning to seriously impact on-line retailers' business performance,” said Peter Phillips, director, Atos Worldline in the UK. “We believe that with the Atos Worldline Internet Payment Service, we can help retailers as well as banks more securely manage their payment service to reduce fraud, improve cashflow performance and profits, while providing a high quality service to their customers.”
The Atos Worldline Internet Payment Service manages payments from Visa, MasterCard, Switch, Delta, Solo, Electron, JCB, American Express and Diners and is capable of processing transactions in 19 currencies and 16 different languages. It has received AIS/SDP certification from Visa and MasterCard, which imposes additional security constraints to protect bankcard numbers during e-transactions. The service is approved and recommended by some of Europe's leading bank acquirers providing pan-European coverage.
Atos Worldline provides electronic payment services, Customer Relationship Management and e-Services including internet, voice and mobile. Today, Atos Worldline is securing as many as 2.5 million transactions a month from over 4,500 sites; additionally managing over 700 million loyalty card transactions, 13 million bank card transactions, 400 million authorisations, 1 billion payment transactions, 22 million mailboxes and over 200 million SMS messages from its processing centres in France, Germany, the UK and Austria.
About Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are more than EUR 5 billion and it employs over 46,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, AtosEuronext, Atos Worldline and Atos Consulting.
Atos Worldline, an Atos Origin company - Atos Worldline is a major European player in the processing of large-volume electronic exchanges, specialising in electronic payment services, CRM and e-services (internet, voice and mobile services). With the focus on technological innovation, Atos Worldline implements its solutions in processing or integration mode. Atos Worldline has 2500 employees in Europe and has an annual turnover of €400 million.
For further information, contact:
Tel: +44 20 7830 4233