Welcome!

SDN Journal Authors: Liz McMillan, Yeshim Deniz, Elizabeth White, Pat Romanski, TJ Randall

News Feed Item

MEPS Chooses TNSLink to Provide Dual-Carrier Wireless ATM Services to Malaysia

Transaction Network Services (TNS) has been chosen to play a key role in establishing a new breed of ATMs across Malaysia after signing an agreement with Malaysian Electronic Payment System Sdn Bhd (MEPS).

MEPS launched Malaysia’s first non-bank ATM late last year and has ambitious growth plans to roll out the technology across the country, which will see 500 ATMs live by the end of this year and continuous steady growth year on year to 1,580 by 2018 as MEPS rolls out nationwide coverage. TNS will provide its TNSLink solution to handle secure, high-speed transaction transport and ATM communications utilizing advanced encryption algorithms and a PCI DSS certified backbone network.

Focused on establishing a nationwide network, the new MEPS ATMs are being located in strategic and accessible locations, such as petrol stations, convenience stores, hypermarkets and office buildings. MEPS ATMs support the Malaysian government’s Economic Transformation Programme and Bank Negara Malaysia’s e-Payment Agenda by offering more than just cash withdrawals and balance enquiries. Customers can complete real-time interbank transfers, as well as make credit card and loan repayments.

Zulkanain Kassim, Group Managing Director at MEPS, said: “We are calling this our ‘ATM for All’ and promising simplicity and security for the convenience of customers. We selected TNS to support our ATM network because of its global expertise in wireless ATM connectivity, proven service level achievement, and the high standards of security it adheres to through its PCI DSS certification. TNS’ 24x7x365 support provides mission critical cover and the real-time status and visibility reporting through TNSOnline helps us ensure the efficient running of our network.”

Since its formation in 1997, MEPS has become a significant player in the Malaysian financial services sector and is the only interbank payment network service provider in Malaysia that supports domestic, development, Islamic and foreign banks.

Lisa Shipley, Executive Vice President and Managing Director of TNS’ Payment Network Solutions, said: “We’re delighted to be helping MEPS establish its new ATM footprint across Malaysia. We are proud of our ATM capability and can access more than 400 acquirers, processors and banks across 66 countries, making us the perfect partner for financial organizations requiring scalability and flexibility as their networks grow.”

TNSLink simplifies day-to-day operations by removing the need to work with multiple carriers and equipment vendors where the TNSLink solution includes dual carrier support for 4G/LTE, 3G and GPRS wireless options to ensure maximum uptime. It works with a wide array of dial, serial and IP ATMs, and supports wired and BYO broadband access methods. The fully managed carrier-neutral solution utilizes the highly resilient PCI DSS certified TNS backbone network which handles billions of transactions each year around the world. For more information about TNS, please visit www.tnsi.com

ENDS

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogger and is a frequent speaker on the use of Big Data and data science to power the organization's key business initiatives. He is a University of San Francisco School of Management (SOM) Executive Fellow where he teaches the "Big Data MBA" course. Bill was ranked as #15 Big Data Influencer by Onalytica. Bill has over three decades of experience in data warehousing, BI and analytics. He authored E...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Organize your corporate travel faster, at lower cost. Hotailors is a next-gen AI-powered travel platform. What is Hotailors? Hotailors is a platform for organising business travels that grants access to the best real-time offers from 2.000.000+ hotels and 700+ airlines in the whole world. Thanks to our solution you can plan, book & expense business trips in less than 5 minutes. Accordingly to your travel policy, budget limits and cashless for your employees. With our reporting, integrations and real-time analytics, you can easily control your travel policy, reduce spendings and increase the efficiency of your company. Hotailors ia an artificial intelligence powered marketplace for business travels. Friendly to use technology based on artificial intelligence to plan, book and expense business travel in 5 minutes. Within one login on one dashboard, user has access to almos...
Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes. We are offering early bird savings on all ticket types where you can save significant amount of money by purchasing your conference tickets today.
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | DevOpsSUMMIT | CloudEXPO New York will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018. Polish Digital Transformation companies which will exhibit at CloudEXPO | DevOpsSUMMIT | DXWorldEXPO include All in Mobile, dhosting, Cryptomage, Perfect Gym, Polcom, Apius Technologies, Aplisens, ELZAB SA, TELDAT, and Rebug.io.