International Merchant Solutions has signed a multiyear deal with Phoenix Managed Networks for PhoeniXSentry, a cloud-based network management service and built-in firewall router.
International Merchant Solutions, a payment processing consultancy that tailors processing packages for companies' needs, has incorporated PhoeniXSentry, into its established suite of services, according to a Sept. 13 press release.
The deal makes PhoeniXSentry available to International Merchant Solutions' more than 500 clients, including independent sales organizations, financial institutions and merchants.
Worldwide cybercrime cost consumers $110 billion last year, and retailers' networks are prime targets because of the sensitive data they hold, Dan Budhoo, Phoenix's director of sales for North America, said in the release.
"We continually look to partner with state-of-the-art companies that can help agents increase income while providing superior services," Gene Lieb, Manager of International Merchant Solutions, said in the release. "This partnership is a perfect example."