Integrated enabling technologies for financial service providers Open Solutions and other international markets plan to partner with payment gateway and payment network connectivity offerings provider Transaction Network Services to support Open’s payment transaction processing offerings in Canada.
Open Solutions selected TNS to provide secure payment network connectivity offerings to support its growing ATM and payment processing business.
The PCI certified network has been designed to improve security and deliver critical payment transaction information between merchants, banks, payment processors and other payment institutions.
TNS’ Payments Division provides a wide array of end-to-end managed solutions designed specifically for the payments market, including solutions for acquirers, processors, merchants and other payment service providers.
TNS Payments Division president Ray Low said with the agreement to use TNS’ Secure SSL Gateway and Dial services, Open Solutions now becomes one of TNS’ largest customers in Canada.
"Open Solutions values TNS’ proven expertise in reliable and secure transaction delivery and we are pleased to partner with a leader in the Canadian market with a reputation for innovative solutions and exceptional customer service. Throughout North America, our Customers are recognizing the value of TNS’ unique combination of service quality and value, and as a consequence we are seeing our customers migrating more of their traffic onto TNS," said Low.
Open Solutions Payment Solutions Group general manager Rob Palin said TNS provides Open Solutions with a scalable and secure payment network which can handle Open Solutions’ growing volume of transactions.
"We see TNS as a company that is well positioned to partner with us to support our future direction," said Palin.
