Travelex, a Finablr company, has teamed up with Transaction Network Services (TNS) to expand the acceptance of major card brands at its ATMs.
The collaboration will enable Travelex to expand the card schemes available across its 1,050-strong ATM network to include JCB, UnionPay, Discover, and DCC cards.
Travelex will leverage TNS’ managed hosting services to support ATM transactions for local and foreign currencies along with dynamic currency conversion.
Earlier, Travelex was using an in-house service to manage transactions together with TNSLink ATM communications for ATM solutions.
Travelex global head of acquiring Dan Gilby said: “With a rich history in foreign currency, our business has always focused on ensuring consumers have access to the travel money they need.
“The promises of fintech market entrants have transformed the market as we knew it, but cash still remains at the centre of payments and travel money even as consumers increasingly look for a wider range of options.
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“Thanks to our long-standing relationship with TNS, we’re thrilled to be making this latest strategic enhancement to our ATM business, expanding our services to a greater number of credit card brands.”
TNS managing director of payments business in EMEA Mark Collins stated: “Having over 20 years’ experience in the ATM communications market, we are delivering a scalable service that can support future technology enhancements and process Travelex’s transactions for all major card schemes.”
Travelex manages ATMs in 12 countries across Asia Pacific and Europe, including France, Netherlands, the UK, Australia and Hong Kong.