Tata Consultancy Services Partners with Aurus to Enhance Omnichannel Payment Solutions with OmniStore
January 16, 2017 at 04:15 pm IST
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Tata Consultancy Services announced with Aurus Inc. to deliver payment solutions for retailers using TCS OmniStore™. a first of its kind Unified Store Commerce Platform. The omnichannel payment solution facilitates transactions across channels and delivers unmatched convenience and security to both end consumers and retailers. TCS OmniStore™ is a micro services based modern unified store commerce platform that replaces legacy POS platforms and helps retailers seamlessly orchestrate omnichannel journeys for consumers, while reducing total cost of ownership and simplifying cross-channel processes. AurusPay® drives unmatched payments innovation including the ability to handle seamless omnichannel payments workflows such as combining online orders for pick up in store with in-store transactions and cross-channel fullfillment through a single cross channel token. Through this partnership with Aurus, retailers using TCS OmniStore™ will be able to easily process multiple payments across channels. Managing payments innovation, security and regulatory bottlenecks was typically a huge inhibitor for change, however, the AurusPay® partnership enables payments simplification while enhancing security. OmniStore™ alleviates retailers' current challenges with traditional Point of Sale platforms that are incapable of delivering an omnichannel customer experience. OmniStore™ is easily customizable and features an open standards aligned architecture and industry leading ARTS data models. Retailers using OmniStore™ are enabled to seamlessly orchestrate omni-channel journeys for their customers in store by unifying the cart, wish-lists and catalogs across channels and combining store and online orders. OmniStore™ is hardware agnostic and offers multiple deployment models (including cloud) without disrupting upgrades and support for all devices including tablets, phones and registers.
Tata Consultancy Services Limited is one of the largest Indian IT services companies. Net sales break down by activity as follows:
- IT services (99%): consulting and engineering services, solutions and systems integration, management applications development, outsourcing services, etc.;
- sale of IT equipment and software licenses (1%).
Net sales break down by market between bank-financial services-insurance (40%), telecoms and media (16.5%), retail and distribution (15.6%), manufacturing industry (9.7%) and other (18.2%).
Net sales are distributed geographically as follows: India (5.71%), the Americas (51.3%), Europe (31.9%) and other (11.7%).