DIBS Payment Services selects TNS for cross border payments


International payment service provider DIBS Payment Services is streamlining its payment connectivity by replacing multiple local suppliers with just one resilient connection into Transaction Network Services’ (NYSE:TNS) PCI DSS certified global backbone network.

Active in 17 countries, DIBS is one of Scandinavia’s leading providers of online payment services and its hosted payment solution is used by more than 11,000 customers to manage their transactions.

Eric Wallin, CEO at DIBS Payment Services, said: “We provide a valuable service to our extensive customer base, taking the headache out of handling payments and allowing them to concentrate on running their businesses. Working with TNS gives us access to multiple banks and acquirers, through just one connection, helping us to make our technology infrastructure more efficient, as well as extending the number of end points we can potentially reach.”

The deal will see secure resilient connectivity set up between DIBS and TNS, enabling DIBS to benefit from faster transactions, Secure Socket Layer (SSL) encryption and seamless transaction processing.

Fintan Byrne, Regional Sales Director for TNS UK & Ireland, said: “We are delighted to be working with DIBS Payment Services. We have developed our PCI DSS certified global backbone network to simplify cross border payments and provide our customers with one easy to access resource.”

For further information please contact:
Eric Wallin, CEO, phone +46 08-527 525 03 or eric.wallin@dibs.se
Clare Cockroft, PR-Manager TNS, tel +44 (0) 114 292 6416 or e-post ccockroft@tnsi.com

About Transaction Network Services
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions.
TNS’ offers a broad range of networks and innovative value-added services which enables transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 40 countries across the Americas, Europe and the Asia Pacific region, with our reach extending to many more.
For further information about TNS, visit www.tnsi.com.

About DIBS
DIBS Payment Services is the leading Nordic independent supplier of secure, functional, and innovative online payment services for business and commerce. DIBS manages transactions for more than 10 000 customers daily and has offices in Stockholm, Gothenburg, Oslo and Copenhagen. DIBS is listed at First North and features HQ Bank as its certified adviser.

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DIBS Payment Services AB (publ)
Kungsgatan 32
111 35 Stockholm
Telefon: 08-527 525 00

DIBS Payment Services i Göteborg
Kyrkogatan 25, vån 3
411 15 Göteborg
Telefon: +46 (0)31-600 800