Key Senior Appointment Strengthens TNS Mainland Europe Payments Team

Sep 20 2010

Experienced payments industry innovator Martin Croot has joined Transaction Network Services’ Payments Division as Senior Vice President and General Manager of Mainland Europe.

Mr Croot is to be based in Berlin and is responsible for leading TNS’ established teams in France, Spain, Italy, Germany and Romania.  

Mr Croot joins TNS from a senior business development post at Wincor Nixdorf. He has also occupied senior roles with Hypercom, Flexicom and VeriFone.

Commenting on his appointment, Mr Croot said: “I’m really excited about joining TNS.  I have interacted with them a number of times in the past so I know all about their commitment to delivering a wide selection of best-in-class products, backed up by a range of excellent value-added services.

“TNS’ Payments Division has an unrivalled ability to harness innovative technology to provide reliable, secure and innovative ways of meeting the varied and constantly changing payments needs of its customers and partners, and I look forward to being part of this.”

With dual British and Canadian citizenship, Mr Croot relocated to Mainland Europe more than 20 years ago and specialises in all aspects of payments, including wireless, smart cards, point-of-sale, acquiring, processing, mobile and ecommerce.

Ray Low, President of TNS’ Payments Division, said: “I’m looking forward to working closely with Martin to grow our business in Mainland Europe. Martin has a proven ability to open new markets, deploy new technologies and build strategic relationships, which will help us immensely. In addition, Martin is fluent in three languages and is very familiar with the European markets we’re targeting.”

Mr Croot has a Master of Business Administration degree from Massachusetts Institute of Technology as part of the Sloan’s Fellows program, a master’s degree in management and international trade from Ecole Superieure des Sciences Commerciales (ESSCA) in France and an honours degree in political science from the University of Toronto, Canada.

TNS is a global provider of payment solutions, connecting merchants and retailers to the world’s leading banks, acquirers, and processors, to enable secure, efficient and cost-effective delivery and processing of payments. TNS’ payments division provides a wide array of pre-packaged, end-to-end managed solutions designed specifically for the payments industry, enabling customers to focus on their core businesses.

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

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