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| Underbelly (venue) (Photo credit: Wikipedia) |
For Immediate Release
PHOENIX PAYSECURE GOES LIVE IN THE UK WITH UNDERBELLY
London 12 June 2012; Phoenix Managed Networks’ (Phoenix) PaySecure has deployed its ground breaking payments security solution in the UK for the first time with Underbelly.
Underbelly, the leading live entertainment company, has now fully integrated PaySecure at its site on the London’s Southbank, and throughout the multi-year agreement will use the payments solution at the Edinburgh Fringe festival as well.
Alan Stephenson-Brown, Director of Europe for Phoenix, commented: “Following our strategic deal with Mako networks in February 2012 I am thrilled how PaySecure has been received in the UK. Phoenix PaySecure is a complete, robust, PCI compliant data security system from the payment terminal to bank authorisation. It provides a versatile and fully secure retail network for payments and ticketing. Not only does it supply a secure transaction network but it also goes one step further by providing on-site network security which makes it easy for merchants to work in a continually PCI compliant environment.”
Previously Underbelly’s set-up was supplied by multiple vendors which staff had to manage. Now Underbelly has a point of contact with its acquiring bank and a point of contact with Phoenix for security, transactions transport and a cloud managed service (CMS). This is much simpler for Underbelly.
Alan Stephenson-Brown added: “Phoenix PaySecure incorporates the industry’s first ever PCI firewall which makes it much easier for merchants like Underbelly to achieve compliance. By integrating PaySecure we have supplied Underbelly with a state-of-the-art, consolidated PCI compliant network that supports and protects the whole of the business.”
It starts at merchant locations, where the PaySecure firewall/router locks down payment networks to PCI DSS criteria and provides a primary connection to the internet. Each cloud-managed network appliance provides on-site network security, while the central managed system is used to configure and apply continuous compliance monitoring tools and safeguards.
Whilst Phoenix offers internet connectivity, PaySecure works over any IP connection regardless of the provider. Underbelly uses two IP connections, PaySecure protects both of them; one supplied by Phoenix and the other already in place at the South Bank. The flexibility and speed of the network and the lack of downtime has enabled Underbelly to increase the number of payment terminals to meet demand safely.
Sarah Fleming, Operations Manager at Underbelly, said: “Before moving to Phoenix PaySecure, we had to speak to a number of different vendors to ensure we had a safe and secure network on a slow old fashioned dial-up solution. PaySecure has allowed us to migrate to a faster IP system which guarantees security for ourselves and our customers. The fact that this goes beyond payments into other sections of the business, such as ticketing, is fantastic. We are delighted PaySecure is able to support our unique company needs.”
About Phoenix Managed Networks
Phoenix Managed Networks is a global provider of payments communications, gateway and payment support services, delivering a state-of-the-art, reliable and cost effective solutions connecting retailers with the world's banks, acquirers and processors. Founded in January 2010 with its global headquarters located in Reston, Va., Phoenix has been highly successful in advocating a combination of quality, innovation and uncompromising customer care.
About PaySecure
PaySecure is a solution designed to simplify payment security and compliance for merchants or the ISO’s who supply their transaction services, with the Payment Card Industry Data Security Standards (PCI DSS).
No other security vendor can provide the same level of security without the merchant incurring significant up-front and on-going IT costs. This solution takes the hard work away from merchants and allows ISO’s to offer an even stronger suite of transaction networking to its merchant clients. This in turn allows merchants to focus on their core business.
PaySecureKey Benefits
Merchant Security;
· Managed Firewall for broadband merchant locations
· The world’s first level 1 PCI certified network managed network management system
· Mako Technology
· Simplified continuous PCI compliance for card present merchants
Transaction Transport;
· Dial, wireless and IP access
· Encrypted MPLS backbone
· Diverse tier 1 carriers
· Dual 24x7x365 network management centers
About Underbelly
Underbelly is a UK based, live entertainment company. Their events and festivals division operates one of the largest operations at the Edinburgh Fringe Festival, selling over 180,000 tickets for 130 shows a day in 25 days. 2012 marks their fourth season of the E4 Udderbelly Festival, the eponymous upside down purple cow and its celebration of comedy, circus and family entertainment. 2012 is also the inaugural year of Priceless London Wonderground and a six month residency for Underbelly at Southbank Centre.
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