INDIA’S PAYMENTS INFRASTRUCTURE BOOSTED BY TNS DOMESTIC WIRELESS ACCESS LAUNCH
January 14, 2020 – Transaction Network Services (TNS) is helping merchant acquirers and processors secure their payments infrastructure in the growing India market with the launch of TNS’ Domestic Wireless Access (DWA) SIM solution.
TNS’ technology, which already supports more than one million SIMs across the Americas, Europe and the Asia Pacific regions can be used with any wireless point-of-sale (POS) terminal in India. In November, TNS launched its Secure Internet Gateway (SIG) solution in the country.
“We believe our Domestic Wireless Solution to be the first of its kind to be offered to the India market,” said Mayank Mishra, TNS’ Country Manager for India. “What sets us apart is that our technology has been specifically built for payments terminals. This is critical for merchant acquirers and processors looking to guard their terminals against unauthorized use.”
TNS has extensive experience in India, having provided services in the country since 2006. It has grown to support more than 15,000 POS terminals through a range of value-added payments services.
“India’s 1.4 billion strong population currently makes more than 500 million electronic payment transactions each month, and this figure is rapidly growing,” added Mishra. “Through our in-depth local market knowledge, we estimate that up to 40,000 POS locations are going live each month. TNS is stepping up as the trusted local choice for acquirers and processors to support the country as millions of previously unbanked consumers join the financial system.”
DWA is a PCI DSS compliant version of TNS’ proven and trusted Global Wireless Access (GWA) solution, which has been tailored for India It includes a range of industry-leading features, such as strongest data quality SIMs, enhanced SIM management, an advanced SIM management portal and a dedicated terminal application. It provides comprehensive coverage in India to help simplify the deployment and management of mobile POS terminals while eliminating blackspots.
“We are excited to be offering DWA in India as a purpose-built, managed, communications solution tailored for securing electronic payments,” said Mishra. “It expands our range of services and helps address the specific payments needs present in our country.”
TNS has a strong payments heritage, providing managed services across Europe, the Americas and the Asia Pacific regions. TNS is a Level 1 PCI DSS certified service provider and a global board member of the ATM Industry Association (ATMIA). TNS’ secure network is supported 24x7x365 by multiple network operating centers around the world. For more information about TNS, visit www.tnsi.com.