Tech Mahindra signs agreement with FIS, to acquire captive unit in Asia
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Last Updated: Jan 12, 2021, 07:14 PM IST
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As part of the agreement, Tech Mahindra will buy FIS subsidiary Payments Technology Services for $9 million.
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Tech Mahindra today announced a professional services agreement with FIS to scale its enterprise payments and banking capabilities.
The company will acquire Payments Technology Services, a subsidiary of FIS, for $9 million as part of the agreement. Based in Asia, Payments Technology Services is a payments solutions provider focused on the banking and financial services industries.
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