April 18, 2011 05:17 AM Eastern Daylight Time
SIX Card Solutions Boosts Global Payment Services with TNS Agreement
FRANKFURT, Germany--(
BUSINESS WIRE)--Luxembourg based payment provider SIX Card Solutions can now provide its
merchants with a solution that gives them access to multiple acquirers across Europe via one connection to the
Secure Payments Network of Transaction Network Services (NYSE:TNS).
The agreement will see
TNS provide SIX Card Solutions with a
managed payment network service for the hospitality and car parking elements of its business, allowing the organisation to streamline its payment-related connectivity by replacing multiple local European suppliers with just one connection provided by TNS.
TNS’ single provider capabilities are expected to enable SIX Cards Solutions to streamline its processes, saving time and effort that was spent maintaining multiple supplier relationships, and provide its customers with improved levels of service. SIX Card Solutions payment transactions will be routed via TNS’
PCI-certified Secure Payments Network, providing a secure and reliable service for all transactions.
Michele Ferraris, Chief Executive Officer of SIX Cards Solutions Group Luxembourg, said: “As part of our overall growth strategy, we are keen to target high growth sectors and develop relationships with merchants in new markets. We have an existing relationship with TNS and they have proven to be a reliable partner with key strengths in operational and service excellence. The single connection service they offer to multiple banks and acquirers will streamline our technology infrastructure and enable us to offer an excellent quality of service to our customers.
“Having a secure and reliable payment facility in place is essential for SIX Card Solutions. We now have a scalable system which can handle our heavy volume of transactions, enabling us to connect to new entities quickly as we continue to expand our business. We see TNS as a company that is well positioned to partner with us to support our future growth.”
Martin Croot, Senior Vice President and General Manager of EMEA for TNS’ Payments Division, said: “SIX Card Solutions is a valuable relationship for TNS and we are proud to be their chosen partner. This agreement shows our commitment to supporting SIX Card Solutions growth objectives. Our ability to provide solutions across geographies will enable them to lower their costs and boost their operational effectiveness, while building on new relationships with merchants across Europe and in other regions.”
Through its
TNSPay payment gateway services and its broad portfolio of payment network connectivity solutions, TNS connects merchants and Payment Service Providers to many of the world's leading banks, acquirers and processors to enable secure, efficient and cost-effective delivery and processing of payments. Its global expertise extends to more than 40 countries across the Americas, Europe and Asia Pacific regions, with billions of transactions crossing its high-speed global networks each year.
As a member of the SIX Group, SIX Card Solutions Group Luxembourg SA, (formerly 3C Communications International SA) has been at the forefront of card processing for more than 20 years in 28 countries. SIX Card Solutions provides innovative payment processing solutions to a wide variety of industries, particularly hotels, restaurants, parking, retail, vending and e-commerce.
SIX Group, which resulted from the merger of the SWX, Telekurs and SIS at the start of 2008, operates Switzerland’s financial market infrastructure. With around 3‚600 employees in 23 countries, the company offers comprehensive services in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions.
Ends...
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’
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www.tnsi.com
