21 July 2018
Visit www.avoka.com

TNS acquires Arval payment terminal and polling assets

30 January 2006  |  3202 views  |  0 Source: Transaction Network Services

Transaction Network Services (TNS) has taken a further step towards becoming one of the leading end-to-end point of sale technology providers with the acquisition of the payment terminal management and polling business from Arval, a fleet management and fuel card provider.

Following the deal, TNS will own and manage over 4,000 terminals for 800 polling customers. The integration of Arval's terminal rental and management business into TNS provides an additional managed outsourcing solution and follows the incorporation of Process Logistics into the TNS business last year.

The new terminal management solution takes the headache out of handling the installation and maintenance of payment terminals at the retailer's point of sale and includes a dedicated EMV compliant Chip and PIN solution for the petrol sector.

TNS will migrate Arval's polling customers to its existing polling infrastructure. TNS already runs one of the UK's leading polling services, enabling smaller retailers to poll offline transactions and other data to their acquiring bank overnight.

"The acquisition of Arval's terminal management and polling business provides yet another string to our bow. Owning and managing our own terminal infrastructure means that instead of having to deal with multiple providers, banks and retailers can just deal with one party for all their needs," says Alan Stephenson-Brown, TNS' Director of Business Development. "TNS is emerging from being a leading transaction and networking specialist to becoming a complete end-to-end retail technology partner for retailers and the banking community."

"In its sale of the polling business to TNS, Arval continues to reshape its business to focus on development and delivery of its core products to its corporate customers within the fleet and fuel industries" says Robert Pieczka, Marketing and Product Director for Arval. "TNS, leading the way in point of sale transaction solutions, is the ideal enterprise to take on Arval's polling interest. This transaction allows both companies to focus on their core strengths and is therefore a win-win solution."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit http://go.jumio.com/finextraAdVisit info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13073 views comments | 6 tweets | 7 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
10676 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9851 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
6960 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
6802 views comments | 2 tweets | 7 linkedin

Featured job

to GBP Six-Figure Base, double ote, benefits
London, UK

Find your next job