TCS rises on partnering Aurus to enhance omnichannel payment solutions

17 Jan 2017

Tata Consultancy Services (TCS) is currently trading at Rs. 2275.50, up by 16.95 points or 0.75% from its previous closing of Rs. 2258.55 on the BSE.

The scrip opened at Rs. 2260.00 and has touched a high and low of Rs. 2281.00 and Rs. 2252.55 respectively. So far 6,963 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2740.00 on 16-Aug-2016 and a 52 week low of Rs. 2054.70 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 2368.00 and Rs. 2230.00 respectively. The current market cap of the company is Rs. 4,48,370.00 crore.

The promoters holding in the company stood at 73.33%, while Institutions and Non-Institutions held 22.24% and 4.44% respectively.

TCS has partnered with Aurus to enhance omnichannel payment solutions with OmniStore. The partnership is 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 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.

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.

TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.


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