October 31, 2017
Transaction Network Services, a provider of data communications and interoperability solutions, has signed an agreement with a major U.S.-based processor to support the deployment and management of wireless point-of-sale terminals via the TNSPay Mobile SIM solution.
The agreement means that TNSPay Mobile now offers ISOs the ability to reach all of the top five processors in the U.S., according to a company press release.
"We are delighted to have secured this new deal as part of our ongoing strategic plan to put TNS at the core of the payments industry ecosystem," Lisa Shipley, executive vice president and managing director of the TNS payments division, said in the release. "TNSPay Mobile is a perfect example of how one easy connection to us provides a wealth of opportunities, including efficiency gains, technological expertize and flexibility."
TNSPay Mobile is part of a payments network that handles billions of transactions annually and has more than 500,000 SIMs deployed around the world. The mobile POS solution supports a wide range of terminals, including the latest 3G and 4G wireless equipment.