What are the benefits of the TMT Complete Processing Solution?

Our complete processing protection is designed to give you a better payment experience. Replace your existing merchant account with our financially protected platform. Enjoy efficient reconciliation with instant records of all of your protected transactions. The Trust My Travel platform houses all reporting, whether you take payment via email link, website or through a Point-of-Sale…

How to tackle fraud as a travel provider

It is no secret that fraud is a problem in the travel industry. In 2021, the travel industry is predicted to be worth a staggering $1.3 billion. Pre-pandemic, this figure stood at $1.8 billion. Despite the reduction in value, fraud has become more prevalent. Unfortunately, fraud is widespread in travel, and with each year that…

The Future of Payments: Security is the priority

2020 was an extremely challenging year for us all. Unfortunately, fraudsters have benefitted from the devastating effects of COVID-19. For example, UK Finance found that £1.26 billion was lost to fraud in the UK alone in 2020. In the first few months of 2021, a range of news outlets published stories proclaiming a ‘fraud epidemic’ across a…

Three alternative payment methods you should know about

The payments landscape has changed dramatically over the past 20 years. There are now 300 different types of eCommerce payment methods. PayPal was unleashed to the world in 1999, and introduced the world to online payments and has 286 million users.  The huge growth in the number of payment methods has made it difficult for…

What happens when merchants are the victims of payment card fraud?

Whenever sensitive payment card details are compromised, someone has to pay the price. For large businesses, card fraud is undoubtedly an issue, but an issue that they can mostly afford to fix. In recent years, large companies have seen security breaches that have compromised the card details of thousands of their customers. As the cardholders were not…

Strong Customer Authentication, PSD2, and 3DS2

Fraudsters are utilising increasingly sophisticated methods to commit fraud. As a result, governments around the world are encouraging merchants to implement fraud protection methods through a specific type and number of authentication methods. In recent months we’ve drawn attention to the importance of complying with the second Payment Services Directive (PSD2) legislation by implementing Strong…

The cost of payment fraud for travel merchants

The travel industry has a tough time with fraud. It costs the industry not only millions but billions a year. The rise of eCommerce has meant that there are increased opportunities for fraud. While a wealth of technology has been developed to tackle fraud, criminals have also become more sophisticated in their tactics.  Fear of…

The importance of tokenisation for payment security

Tokenisation was first used to protect card details in 2005, and ever since, it has been an essential component of payment security. Tokenisation works by replacing sensitive data, for example, payment information, with non-sensitive data, known as ‘tokens’. The token represents protected data but has no value or meaning by itself. Tokens are references that map…