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."