DIBS Payment Services Selects TNS for Cross Border Payments
SHEFFIELD, England--(BUSINESS WIRE)--International payment service provider DIBS Payment Services is streamlining its payment connectivity by replacing multiple local suppliers with just one resilient connection into Transaction Network Services’ (NYSE:TNS) PCI DSS certified global backbone network.
“This represents one of a growing number of multi-country deals that we expect to see in Europe in the next few years as merchants and their processors look for increased consistency and cost savings in a post SEPA and PSD world”
Active in 17 countries, DIBS is one of Scandinavia’s leading providers of online payment services and its hosted payment solution is used by more than 11,000 customers to manage their transactions.
Eric Wallin, CEO at DIBS Payment Services, said: “We provide a valuable service to our extensive customer base, taking the headache out of handling payments and allowing them to concentrate on running their businesses. Working with TNS gives us access to multiple banks and acquirers, through just one connection, helping us to make our technology infrastructure more efficient, as well as extending the number of end points we can potentially reach.”
The deal will see secure resilient connectivity set up between DIBS and TNS, enabling DIBS to benefit from faster transactions, Secure Socket Layer (SSL) encryption and seamless transaction processing.
Chris Jones, Director at PSE Consulting, said: “This represents one of a growing number of multi-country deals that we expect to see in Europe in the next few years as merchants and their processors look for increased consistency and cost savings in a post SEPA and PSD world”.
Fintan Byrne, Regional Sales Director for TNS UK & Ireland, said: “We are delighted to be working with DIBS Payment Services. Cross border payments can be complex and expensive to set up and manage, and the infrastructure required to support this can be exorbitant. We have developed our PCI DSS certified global backbone network to simplify this and provide our customers with one easy to access resource that provides a wealth of additional benefits and services.”
For more information about TNS visit www.tnsi.com
About Transaction Network Services
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions.
TNS’ offers a broad range of networks and innovative value-added services which enables transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 40 countries across the Americas, Europe and the Asia Pacific region, with our reach extending to many more. TNS has designed and implemented multiple data networks which support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods.
For further information about TNS, visit www.tnsi.com. ‘One Connection, A World of Opportunities’
Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. www.tnsi.com
Contacts
TNS
Clare Cockroft
PR Manager
+44 (0) 114 292 6416
ccockroft@tnsi.com
or
TNS
Jenny Nelson
PR Assistant
+44 (0) 114 292 6458
jnelson@tnsi.com
Clare Cockroft
PR Manager
+44 (0) 114 292 6416
ccockroft@tnsi.com
or
TNS
Jenny Nelson
PR Assistant
+44 (0) 114 292 6458
jnelson@tnsi.com
Permalink: http://www.businesswire.com/news/home/20100322006095/en/DIBS-Payment-Services-Selects-TNS-Cross-Border
