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March 21, 2019

TNS bolsters payments capabilities with OpSiSe purchase

Payment solutions provider Transaction Network Services (TNS) has acquired the assets of OpSiSe SAS to boost its French activities.

Financial terms of the transaction were not disclosed.

The online tools, reporting and mobile app capabilities of Paris-based OpSiSe is said to strengthen TNS’ value-added services.

TNS general manager for France, Benelux and DACH Roger Mechri said: “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.

“We are excited about the growth potential of OpSiSe now that it has the global backing of our organisation.”

Powered by an API-based convergence platform, OpSiSe digitises commerce for merchants.

This is done by linking POS terminals, e-commerce websites and CRM systems to the smart devices of merchants.

This is said to enable secure access of payment data and assessment by other tools.

TNS chief product officer Bill Versen said: “The OpSiSe solution is information rich which will enable our payments clients to manage and monitor point-of-sale (POS) terminal estates more effectively, better analyse transaction flows, and service their merchant customers at a much higher level.”

Last October, TNS snapped up Australian payments provider ADVAM that serves the airport, retail, parking, government and self-service sectors.

 

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