Transaction Network Services acquires Paris-based OpSiSe SAS

Transaction Network Services, a payment services provider, has acquired the assets of Paris-based OpSiSe SAS, a move that expands TNS's portfolio of value-added services, according to a press release. OpSiSe's set of online tools, reporting and mobile application capabilities complement TNS' comprehensive global payment network services.

«The OpSiSe solution is information-rich, which will enable our payments clients to manage and monitor point-of-sale terminal estates more effectively, better analyze transaction flows, and service their merchant customers at a much higher level,» Bill Verse, chief product officer at TNS, said in the press release.

The OpSiSe solution is based on an API-based convergence platform which helps digitize commerce for merchants. It does this by connecting POS terminals, e-commerce websites and CRM systems to the merchant's smart devices, allowing payment data to be securely accessed and evaluated by other tools and services. French merchants can simplify the management of their payments infrastructure and grow their businesses with the additional customer data insights they gain.

«Prior to this acquisition, we partnered with OpSiSe on various customer opportunities with French payments customers, so we understand the value this solution offers to the payments market,» said Roger Mechri, TNS general manager for France, Benelux and DACH, in the release. «We are excited about the growth potential of OpSiSe now that it has the global backing of our organization.»

TNS is a Level 1 PCI DSS certified service provider and a global board member of the ATM Industry Association. TNS' network is supported around the clock by network operating centers worldwide.

Source: Kiosk Marketplace