The Logic Group and TFM Networks Reap Rewards from Strategic Channel Partnership

50th customer deployment shows success of channel joint venture, delivering end-to-end payments and loyalty processing managed service

20 January 2009 – Network operator TFM Networks and payments and loyalty processing managed service provider The Logic Group have reported on the success of their strategic channel partnership, which has resulted in over 50 major customer deployments to date.

The joint venture offers customers an end-to-end processing managed service, removing the need for companies taking card-based payments or loyalty schemes to deploy and manage their own secure network. Instead TFM Networks provides a private managed network which guarantees the secure transfer of payment data, ensuring companies handling confidential payment card data remain within the PCI:DSS parameters.

Being able to offer an end-to-end service has strengthened The Logic Group’s business proposition, helping it to increase value to its customers and enabling both companies to break into new markets.

According to The Logic Group, it is this ability to offer customers in sectors such as Financial Services, Retail and Leisure complete, reliable and secure payments and loyalty processing services through a single point of contact that has ensured the success of the partnership and enabled the companies to win new business.

“All too often, managed service providers put the burden back on the customer to securely transfer customer data over the Internet,” said Paul Russell, Product Marketing Manager at The Logic Group. “By providing a private managed network, we can ensure fast, reliable and secure customer and payment data acquiry so, streamlining and simplifying processes for the customer.”

Brett Rowe, sales and marketing director at TFM Networks added: “A key advantage of the partnership is that we are able to provide a more complete and therefore more compelling business proposition. The guarantee of real-time authorisation gives customers the reassurance that payments are handled quickly and securely and that PCI requirements, in terms of the transfer of data, are adhered to automatically.

“It’s this reassurance and added value that have proven so popular with customers – it makes their life easier, knowing that a professionally managed service is in place to meet mission-critical business requirements.”

TFM Networks provides private managed networks to around 90% of The Logic Group’s client base, which covers the financial services, retail, leisure, utilities and telecoms sectors.

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Image: http://www.contextpr.co.uk/mediafiles/BrettRowe.jpg

Caption: Brett Rowe is sales and marketing director at TFM Networks

About TFM Networks

TFM Networks is a Virtual Network Operator that has built an impressive client list of blue chip customers including Co-Op, H&M, Travel Lodge and Burger King by putting profitability at the core of our customer proposition.

TFM Networks is committed to making the customers’ network profitable, and to ensuring customers derive maximum business benefit from the network – in other words, making the IP network economical, with continuous cost reduction and innovative new services.

As the first network operator to install Quality of Service-enabled networks, TFM networks runs multiple mission-critical applications over a single broadband connection, combining price with quality.

www.tfmnetworks.com / 0845 434 8439

TFM Networks

Context Public Relations

Luke Ford or Megan Bennett

T: 01625 511966

E: tfmnetworks {at} contextpr.co(.)uk

www.contextpr.co.uk

About The Logic Group

The Logic Group partners with leading organisations across Europe to enhance the effectiveness, security and profitability of their customer interactions.

The Company specialises in the secure management of information and transactions through the delivery of trusted payment and loyalty solutions that enable increased revenue, improved profit, and reduced operating costs and risk.

We combine our skills, experience and innovation into client solutions that drive improved customer experience, enhanced customer insight and stronger customer relationships.

We believe that we have an unmatched passion and track record for building effective customer interaction. That is why the Company is behind many of the best known names in Europe for whom maximising the value of their customer interaction matters most.

For more information call +44 (0) 1252 776 700 or visit our website: www.the-logic-group.com

Press Contact

The Logic Group

Octopus Communications

Thomas Flisher or Jody Thorsby

T: +44 (0) 8453 700 655

E: logicgroup {at} octopuscomms(.)net