Transaction Media Networks Co., Ltd., a provider of electronic payment services, is pleased to announce that its cloud-based electronic money payment service has been adopted for NEC Corporation‘s next-generation payment system.
TMN has been responsible for providing some electronic money payment services on NEC’s payment platform “Multi-Service Gateway (MSGW)” since 2018, and has collaborated with NEC on multiple projects, including those involving financial institutions. Most recently, they have begun collaborating on the introduction of electronic money payment services to beverage vending machines, further strengthening their partnership.
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TMN’s cloud-based service significantly reduces implementation costs, such as terminal prices, compared to updating existing payment systems. Furthermore, it boasts scalability that allows for flexible and speedy responses to changing consumer needs and new business initiatives after implementation. Its numerous successful implementations in supermarkets, convenience stores, drugstores, and other businesses, along with its 24/7/365 operational support system, were also highly valued, leading to its adoption in the next-generation payment system.
Source: PRTimes


