STIME Signs With TNS To Ensure Continued X.25 Network Services
STIME, IT provider to one of Europe’s largest retailer chains, has ensured the continuation of its X.25 payments network by signing a new agreement with Transaction Network Services (NYSE:TNS).
This agreement enables STIME to continue to use the X.25 protocol across its 2,780 Intermarché grocery stores throughout France, transporting point-of-sale and ATM transactions between the retailer and its acquirers. The move will ensure STIME provides a consistent, high quality and future proof service for shoppers, despite the forthcoming shutdown of the national X.25 network.
Annick Bodin, President of the Board of Directors at STIME, said: “We chose TNS for its reputation as a recognised supplier to the payment solutions in France, as well as the worldwide recognition it has gained from customers, its partners and of course its expertise with PCI DSS. The benefits of collaborating with TNS, including security, real time monitoring, and a good system of archiving, were decisive in our choice.”
Ray Low, President of TNS’ Payments Division, said: “We are delighted to be working with STIME. Our X.25 offering will provide STIME and its members with a secure, efficient and reliable service. We recognise the continued importance of X.25 technology worldwide and will remain a major provider of these services in France.”
TNS’ X.25 service is monitored 24x7x365 and is part of a wide range of payments solutions offered by TNS, which also includes an extensive range of IP-based products, such as TNSConnect, the TNSPay payment gateway, and the TNS Secure SSL gateway.
TNS connects merchants and retailers to the world's leading banks, acquirers and processors to enable secure, efficient and cost-effective delivery and processing of payments. Its global expertise extends to more than 40 countries across the Americas, Europe and Asia Pacific regions, with billions of transactions crossing its high-speed global networks each year.
STIME was founded in 1974 and provides services in France, Belgium, Spain, Poland, Portugal, Bosnia and Romania. It is responsible for the point-of-sale terminals and IT infrastructure of 7 major brands within its group, including Intermarché, Netto and Bricomarché.
For more information about TNS visit www.tnsi.com
Ends..
