PHILADELPHIA - Transaction Processing Inc., the parent company of Transnet, the leading independent electronic transaction processor, has adopted a new name - Gensar Technologies.

The parent company has changed its name to Gensar Holdings Inc.

"Since we are, in sum, 'generating solutions for America's retailers,' we decided to use the acronym and call the company Gensar," said company president Bipin C. Shah.

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.