Transaction Network Services (TNS) has announced a partnership with AAPT which dramatically reduces cost and improves reliability for acquirers and processors operating fleets of Dial EFTPOS devices in Australia.

TNS connects millions of payment devices for customers globally, serving the requirements of half of the major acquirers and processors worldwide.

John Banfield, TNS’ SVP and General Manager for Asia Pacific, said: “Acquiring banks and processors are asking for increased operational sophistication from their networks, and for a solution that adheres to PCI compliance requirements. The trend is definitely towards outsourcing these services to experts who specialise in the payments industry.

“TNS’ experience in migrating to EMV and meeting the needs of customers who require multi-host routing has positioned us as the leading provider, in Australia as well as in the UK and USA.

“By leveraging AAPT’s national network in conjunction with our global industry expertise, we have created a unique multi-carrier offering for Australian banks and their Dial EFTPOS fleets. TNS is committed to driving new and innovative services to the Australian payments market. The relationship with AAPT marks our expanding coverage in the Asia Pacific region to continue to deliver robust, cost-effective payments solutions to the market.”

David Yuile, CEO of AAPT, said: “AAPT is pleased to announce an alliance with global payments expert TNS as it launches one of the most sophisticated and resilient EFTPOS networks.

“TNS is using our extreme performance network to provide resilience and fine-grained call metering. AAPT, in conjunction with TNS, is delivering on our commitments to bring true competition and a credible choice to Australian banks.”

Founded in 1990, TNS’ global expertise extends to more than 60 countries across Europe, the Americas and the Asia Pacific regions. Through its broader payment solutions offering, TNS now connects over a million merchants and retailers to the world’s leading banks, acquirers and processors, enabling secure, efficient and cost-effective delivery and processing of payments.

For more information about TNS, please visit www.tnsi.com

ENDS

About Transaction Network Services:

TNS is a leading provider of data communications and interoperability solutions.

TNS offers a broad range of networks and innovative value-added services which enable transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets.

Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 60 countries across the America, Europe and the Asia Pacific region, with our reach extending to many more. TNS has designed and implemented multiple data networks which support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods.

For further information about TNS, visit www.tnsi.com.

About AAPT

AAPT is one of Australia's leading telecommunications infrastructure companies, offering data, cloud, voice, internet and mobile services for business, government and wholesale customers, via its extensive national network. AAPT is 100% owned by Telecom New Zealand, one of the largest listed companies on the Australian Stock Exchange. AAPT is one of only three Australian telecommunications companies to own and operate a national voice and data network and it has one of Australia’s most extensive and highest-quality IP networks.

AAPT is a business telecommunications infrastructure company that strives to deliver extreme performance across every level of the organisation. Its dedicated focus is on creating partnerships with its business customers, unmatched by its competitors. For more information, visit www.aapt.com.au.