Transaction Network Services (TNS) has won an important contract in the development of the UK market for Automatic Teller Machines (ATMs) commonly known as cash machines.
The contract is to supply a leading independent operator of ATMs, Lytham St Anne's-based Cardpoint plc, with processing and networking facilities.
The win is significant for the ATM industry, as Cardpoint is the first major operator in the UK to use a supplier other than ATMOS for its ATM network.
Cardpoint will now benefit from TNS' flexible, speedy and cost-effective communications services, meaning that Cardpoint will receive a competitively priced, comprehensive network and processing package while end users will typically enjoy a faster ATM service for the approximately 580,000 transactions made at Cardpoint machines each month.
Additionally, TNS' global network would ease any expansion plans Cardpoint might have, bringing future cost savings and enabling rapid entry into new territories.
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