TSN and its subsidiaries have a 25% interest in TSI India.
TSI India manages a network of 14,000 ATM machines for 35 Tier-1 banks in India. TSI India processes more than 550 million transactions, amounting to INR1.5 trillion (AUD31 billion) per year, over this ATM network.
TSI India has expanded into payment solutions for utilities, telcos and insurance companies. The payment solutions enable users to make cash, cheque or card payments using kiosk terminals, mobile phones or tablets.
In addition, TSI India has also created new products and services in-house, such as e-surveillance and power management.
The e-surveillance solution is a managed services product that enables real-time/event-based video monitoring of any security breach.
The power management solution enables monitoring and control of electrical devices, such as air-conditioning and door entry.