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The British Museum picks new payment system
Archived article dated Thursday June 25th 2009
The British Museum Company has selected YESpay's EMBOSS Payment Processing Service, to provide a high speed payment service that is fully accredited by its card acquirer and compliant with the Payment Card Industry Data Security Standard (PCI DSS) across seven locations and 34 tills.
The company, the commercial force behind the British Museum, needed an approved acquirer of EFT transactions and payments to run its
settlement service.
The British Museum Company IT manager Muna Khan says, “We were concerned with the security of handling of our own payments and we had no way of tracking payments with our existing technology. We would occasionally receive phone calls from customers to advise that their monthly bill hadn't been taken, which raised concerns of the level of service we were providing.”
The pre-accredited YESpay EMBOSS bureau service means all transactions are logged centrally in real time during online authorisation. By running batched overnight settlements no further store intervention is required. The company's end-to-end EMBOSS service and data centres are already fully PCI DSS compliant to Level 1.
“We can log onto a secure site and instantly access a record of payments made. If there are any discrepancies between sales and payments not matching we can download statistics and check records,” adds Khan.
Rohit Patni, EVP Sales and Marketing, YESpay, says, “By outsourcing its card payments processing to YESpay, The British Museum has a high speed payment service to meet the demands of its business. The overhead of maintaining payments itself has been removed and it has freed up staff to concentrate on other issues. The company has considerably cut the costs of bank accreditation and complying with PCI requirements and only pays a low monthly fee.”
Tagged as: The British Museum | YESpay
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