October 16, 2018Blog Posts

TNS to acquire unattended payments provider Advam

Mobile Payments Today

Transaction Network Services has agreed to acquire Advam, a payments specialist in the unattended and e-commerce payments segments. The acquisition will allow TNS to expand its reach in payments markets across the United States, Europe and Asia Pacific, according to a press release.

Adelaide, Australia-based Advam caters to the self-service, parking, airport, shopping center and government sectors, and processes millions of transactions and reservations daily in over 20 countries, the release said.

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