Barclays Merchant Services, one of the largest merchant- acquiring operations in the United Kingdom, is converting its communications network for electronic point of sale processing to Transaction Network Services (UK).

The subsidiary of Transaction Network Services Inc. of Reston said the Barclays Bank unit made the decision to switch after completing technical and field trials begun in the fourth quarter of 1997. Transaction times on Barclays' PDQ service improved by three to four seconds and the processing was more economical than it was in Barclays' prior system, the companies said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.