London, UK and Milan, Italy, 26 October 2016 – TAS Group (TAS, Borsa Italiana) and IPS, Ltd (Slough, UK), are pleased to announce their strategic partnership resulting in the successful upgrade of the IPS payment processing platform incorporating the TAS cashless 3.0™ software. As a leading provider of financial solutions, TAS Group was chosen to deliver their best in class cashless 3.0 software that enabled IPS, a pan-European Payment service provider, to enhance card payment acceptance and terminal provision for domestic and international merchants. The strategic partnership not only increase’s IPS processing capability, but also fuels both companies’ continued European expansions.
With security being of critical importance in transaction processing, TAS Group’s cashless 3.0 solution delivers competitive advantages through acceptance of standardised protocols that support Point to Point Encryption (P2PE) for the protection of card data. Also, by deploying the TAS solution with the IPS Managed Service, IPS has ensured that the secure flexible and scalable approach to payment acceptance has been enriched, providing our customers with a future-proofed payments platform. When combined with multi-channel tokenization, TAS Group’s cashless 3.0 solution enables IPS to offer a truly secure merchant offering.
"When selecting a partner that helped IPS enhance our payment service offering, choosing TAS Group was a simple decision to make. With TAS’s Group’s proven track record and partnership approach, IPS has been able to offer a secure, scalable and industry leading solution to our customers” – Delia Pedersoli, CEO
“Collaborating with IPS to deliver the highest levels of transaction processing security to the marketplace is a key element of our strong commitment in supporting the growth of our customers and partners. We are pleased to be a part of the continued success of IPS.” – Roberto Carlucci, Head of Cashless World Business Unit, TAS Group.