Transaction Network Services Inc. is launching a mobile-payment gateway service for its customers, the company announced March 19.
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The service, called TNSPay Mobile, will give processors and independent sales organizations an offering for merchants interested in mobile-payments acceptance, the Reston, Va.-based data-communication provider said in a press release.
These services let merchants "support more business while decreasing operational cost or complexity," David Cronin, TNS senior vice president and general manager of its payments division in North and South America, said in the release.
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