Transaction Solutions International Limited
(ASX:TSN) says it will increase its ATM network in India from 2,000 to 13,000 ATM’s under management of its TSI India arm.
Under the agreement TSI India will become one of the largest operators of ATM’s in India along with its automated Bill Pay Solutions for utility companies.
TSI India will operate from two managed service centres with underlying capacity to grow operations including the introduction of e-Payment and m-Payment services across its network.
Transactions Solutions reported a net loss of nearly $305,000 for the six months to the end of September 2015.
