Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Payment Tokens Set to Eliminate Ecommerce Compliance Challenge


News provided by

Sage Pay

01 Feb, 2011, 11:13 GMT

Share this article

Share toX

Share this article

Share toX

LONDON, February 1, 2011 /PRNewswire/ --

- Sage Pay's New Payment Technology Accessible to Business of All Sizes

Sage Pay, the UK's leading independent payment service provider (PSP), today officially launches a simple and secure way of processing transactions that reduces the burden of compliance for online merchants. Using Sage Pay's Token System, e-tailers can now offer a fast, single-click payment process for customers, without actually storing or transmitting personal information such as credit card details.

This new bolt-on to the payment gateway gives merchants the ability to convert credit card numbers - which are given directly to Sage Pay by online shoppers and stored within Sage Pay's secure servers - into a token or card number 'alias'. Tokens can then be safely stored by the merchant and are used to process transactions as and when required, which makes it easier for merchants to become Payment Card Industry Data Security Standard (PCI DSS) compliant.

The Token System also removes the need for returning customers to re-enter card details, whilst fully supporting the 3D Secure and CV2 re-entry process. Sage Pay believes this functionality will help e-tailers dramatically improve the overall customer experience and drive customer loyalty, without compromising security. Previously targeted at the large enterprise market, Sage Pay is the first PSP to offer this type of technology to businesses of all sizes.

Mat Peck, Sage Pay's Head of Research and Development, comments: "For years now, PCI DSS has presented a real challenge for online merchants and retailers, as they attempt to balance the complexities of providing an easy to use and inherently positive user experience, with the limitations imposed by strict regulation. Now we can help them do both, and at a relatively low cost to their business."

Sage Pay partner Sanderson Multi-Channel Solutions Ltd has integrated Tokenisation with their customers and been impressed with the system. Ian Newcombe, Managing Director of Sanderson, says, "We have recently integrated Sage Pay's Token system for a number of our customers, both large and small. For them, using Tokenisation removes some of the key pressure points for retailers, in particular PCI compliance - which can be a burden due to the high cost for businesses in terms of finance and resource."

Sage Pay's Token system will also support e-tailers ability to attract loyal customers by providing a, with a new single click payment process allowing customers to revisit a merchant's website time and again without having to re-enter card details.

After months of development and BETA testing, this service is now available to businesses of all sizes and for merchants using Sage Pay's API solution, the opportunity to customise the payment pages and the payment process are endless.

Gian Luzio, Managing Director of online DVD and game retailer Bee.com, says of the innovative system: "The Token system provides us with a highly secure and efficient way to store customer details, providing peace-of-mind to our customers. It is crucial that we encourage customers to return to our online store and by speeding up the payment process for them, Sage Pay has helped us facilitate this. By getting rid of the need for customers to have to enter delivery and card details again and again, we've seen a very high repeat purchase rate."

Sage Pay's Research and Development team have already started work on the next generation of their Token System too, as Mat explains:

"We've had so much interest in the Token System and some really positive feedback from our group of BETA testers that we're already developing a second phase of enhancements. Token will also form the basis of some exciting new innovations planned throughout 2011."

Sage Pay's Token System is available for use with Sage Pay Go with Server or Direct integration.

In conjunction with the release of Token System, Sage Pay is offering customers 1 month's free use of the Token system (up to 1000 stored tokens) to any customer who goes live with the system during February 2011.

Sign up to your free Token trial or get more information ( https://www.sagepay.com/contact_us/Token_offer)

About Sage Pay

Sage Pay is a division of FTSE 100 business software company Sage. It is the UK's fastest growing independent payment service provider (PSP) and is one of the most trusted e-commerce brands. Sage Pay processes millions of secure payments for its 32,000 customers each year and makes the process of accepting payments simpler, faster, safer and more profitable for businesses of all sizes. For more information, please visit http://www.sagepay.com

About PCI DSS

PCI DSS is a set of guidelines that provide businesses with a framework to ensure best practice when handling sensitive card data. Sage Pay is level 1 compliant (the highest level).

For more information, please visit http://www.pcisecuritystandars.org

About Bee.com

Bee.com is part of MBL Group PLC, a multi-channel distributor of home entertainment products. Bee.com differentiates itself from competitors by focusing on entertainment and leisure only and pioneering free delivery and free returns on DVDs, Music and Games on the internet.

For more information please visit http://www.bee.com and http://www.mblgroup.co.uk.

About Sanderson/Elucid

Sanderson

Sanderson is a publicly owned UK provider of software and IT services. We offer a comprehensive range of IT solutions and services for the multi-channel retail sector and as the software author we retain control of the development of our marketing leading solutions.

Elucid from Sanderson is the complete multi-channel software solution for multi-channel and online retailers. Elucid can help to increase order values, order frequency, customer satisfaction, quality of service, response times and the growth of your most profitable customers. It provides multiple sales platforms integrated to powerful back office functionality.

For more information, please visit http://www.sanderson.com/elucid

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.