Transaction Network Services acquires ADVAM

Payment solutions provider ADVAM has entered an agreement to be acquired by Transaction Network Services (TNS), a global provider of managed data communications and interoperability solutions to the payments, financial and telecommunications industries.

ADVAM delivers unattended payments and e-commerce solutions to the parking, airport, shopping centre, government and self-service sectors. The company is headquartered in Adelaide, Australia, and has European offices in Manchester,...

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