The deal will not only enable the company to integrate its online and mobile payment system globally, but also help its 35,000 customers to easily expand internationally.
It will also pave way for the acquirer to boost its financial services offering in the European Union, as the acquisition of Tunz.com will come up with an e-money services license.
The company will offer various local and international payment methods with a single contract, pursuant to the terms of which web merchants can reach millions of consumers overseas easily, without going through excessive paperwork procedures.
The company is planning to offer Mobile Wallets, through Tunz.com, which will allow customers to use their mobile phone as a means of payment, even supporting multiple currencies and products.
The acquirer company is connected through certified links with over 200 different banks and financial instuitions, to deliver more than 80 international, alternative and prominent local payment methods in Europe, Asia, Latin America and the Middle East.
