Tata Communications finalises sale of payment solutions unit to TSI
Tata Communications has sold its subsidiary, Tata Communications Payment Solutions Limited, to Transaction Solutions International, a part of Findi, after receiving regulatory approval. This move aligns with Tata’s strategy to focus on high-growth areas. The acquisition will enhance TSI’s financial services offerings, benefiting underserved communities with an expanded ATM network and payment solutions.
Tata Communications has sold its subsidiary, Tata Communications Payment Solutions Limited, to Transaction Solutions International, a part of Findi, after receiving regulatory approval. This move aligns with Tata’s strategy to focus on high-growth areas. The acquisition will enhance TSI’s financial services offerings, benefiting underserved communities with an expanded ATM network and payment solutions.
