THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Point acquires TS3

Point, the European provider of electronic payment solutions, has acquired secure transaction specialist TS3 Services.

GENERAL MERCHANDISE

Point acquires TS3

Point, the European provider of electronic payment solutions, has acquired secure transaction specialist TS3 Services.

The companies said in a joint statement that the merger would provide TS3 with the backing to enhance its existing development and investment capabilities. Point said the acquisition would strengthen its  UK position, with TS3’s solutions and expertise complementing those of Commidea, Point's existing UK business.

Johan Tjärnberg, CEO, Point said: “TS3 has a strong reputation as a trusted and innovative service provider in the UK market, with a management and operational team that brings additional capabilities and strengths to Point.” 

Bill Tennent, managing director of TS3 commented: “Becoming part of Europe’s leading and fastest growing payments service provider will allow us to develop our market position more quickly and from a stronger, international base which will clearly benefit both our current and future customers. Our solutions and skill set complement those of the other parts of the Point group and we look forward to contributing to the Group’s continued success.”

Dunfermline based TS3 will report into Simon Wilding, Point International’s newly appointed Senior Vice President and Head of UK and Ireland. Tennent and his management would continue in the company, said the statement

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process