Transaction Network Services (TNS), a US-based data communications and interoperability solutions provider, has opened a new office in Manila in the Philippines.

The new office will help banks, processors, ATM deployment companies, acquirers and retailers capitalise on the Philippines’ aggressive shift to electronic payments.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Manila branch will be headed by country manager James Lazaro. He has earlier worked with Ingenico, BAE Systems and SilverSky.

TNS will provide its Global Wireless Access, TNSLink and TNSConnect solutions, all of which have been specifically designed to meet the demanding needs of the payments industry.

TNS managing director of payments division for the Asia Pacific region John Tait said: “The Banko Sentral ng Philipinas (BSP) is fast-tracking the transition from cash to electronic payments and has set the objective that electronic transactions should account for 20% of all payments transactions by 2020.”

Lazaro said: “The Philippines is an attractive market receiving significant investment from global players and its consumers are readily adopting new forms of electronic payment.

“Until now reliability, downtime and loss of connectivity have been major challenges for banks and merchants in the Philippines, but TNS’ extensive global network includes a flexible and scalable infrastructure which is proven and trusted in over 60 countries worldwide. With TNS, banks, processors, ATM deployers and others can expect to enhance performance, grow their business and protect their reputation.”