TNS partners with P97 Networks for mobile, connected car payments

Transaction Network Services has partnered with P97 Networks to provide a tokenization service for secure provisioning and payment authorization of consumer «card-on-file» accounts for mobile and connected car payments, according to a press release.

TNS will provide its token creation service to allow customer payment accounts to be stored on file in exchange for tokens and P97 will offer its PetroZone solution, a cloud-based mobile commerce and digital marketing solution that offers payments and omni-channel offers to any device or connected car, according to the release.

«The Internet of Things is driving mobile commerce into retail fuel and cars, allowing merchants, oil and gas companies and manufacturers to develop greater consumer loyalty,» Bill Versen, chief product officer, TNS, said in the release «Through our partnership, P97 Networks and TNS provide leading tokenization services that protect sensitive consumer data. P97 also gains access to a host of processing partners through the use of TNS secure global managed communications platform.»

Source: Kiosk Marketplace