Under the deal, TNS is providing Travelex with regional host connectivity and network access points, enabling transactions between Travelex points-of-sale and its corresponding, customer financial institutions in various countries to enable Dynamic Currency Conversion across the Asia Pacific region.
According to Travelex Outsourcing General Manager, Damian Cecchi, TNS is providing a shared, secure payments-only backbone between the two companies’ target countries in the APAC region.
“Working with TNS will enable us to rapidly connect new customers in international markets, at a price point that represents value compared to building it in-house.
“Travelex and its customers benefit from secure end-to-end managed connectivity utilising a PCI DSS certified backbone network.”
Cecchi said that Travelex would also be using TNS online, a web-based network management portal which provided a real time view of network and transaction performance for reporting and troubleshooting.
Image courtesy of bigstockphoto