DIBS Payment Services Selects TNS for Cross
March 22, 2010 09:18 AM Eastern Daylight Time
SHEFFIELD, England--(EON: Enhanced Online News)--International payment service provider DIBS Payment
Services is streamlining its payment connectivity by replacing multiple local suppliers with just one resilient connection
into Transaction Network Services’ (NYSE:TNS) PCI DSS certified global backbone network.
Active in 17 countries, DIBS is one of Scandinavia’s leading providers of online payment services and its hosted
payment solution is used by more than 11,000 customers to manage their transactions.
Eric Wallin, CEO at DIBS Payment Services, said:“We provide a valuable service to our extensive
customer base, taking the headache out of handling payments and allowing them to concentrate on running
their businesses. Working with TNS gives us access to multiple banks and acquirers, through just one
connection, helping us to make our technology infrastructure more efficient, as well as extending the number
of end points we can potentially reach.”
The deal will see secure resilient connectivity set up between DIBS and TNS, enabling DIBS to benefit from faster
transactions, Secure Socket Layer (SSL) encryption and seamless transaction processing.
Chris Jones, Director at PSE Consulting, said:“This represents one of a growing number of multi-country
deals that we expect to see in Europe in the next few years as merchants and their processors look for
increased consistency and cost savings in a post SEPA and PSD world”.
Fintan Byrne, Regional Sales Director for TNS UK & Ireland, said:“We are delighted to be working with
DIBS Payment Services. Cross border payments can be complex and expensive to set up and manage, and
the infrastructure required to support this can be exorbitant. We have developed our PCI DSS certified
global backbone network to simplify this and provide our customers with one easy to access resource that
provides a wealth of additional benefits and services.”