How they describe themselves: TSYS is one of the world’s largest companies for outsourced
payment services, offering a broad range of issuer – and acquirer – processing technology that support
consumer – finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and
retail companies in the Americas, EMEA and Asia-Pacific regions. TSYS moved more than 10B
payment transactions in 2009, and paid and settled on average $4 B per day. Its clients are in over
85 countries and three territories.
TSYS was recently named as one of Fortune Magazine’s Most Admired Companies and was ranked
No. 4 in the “consumer credit card and related services” category. TSYS offers payment related
products that support the complete lifecycle of electronic and card-based payments for both the
merchant and card-issuer sides of the economic model. Its products and services include marketing
and account acquisition, fraud and risk protection, customer care, point-of-sale acceptance and
customer loyalty and retention initiatives. Positioning itself as the action behind the transaction, TSYS
touches billions of consumers every year by enabling them to seamlessly make payments.
What they think makes them better: Since the recession began, we’ve seen trillions of dollars
in available credit disappear, millions of card accounts closed, housing values and 401k investments
plummet and increased rates of unemployment. We’ve also seen consumers decrease overall spending, focus on paying down debt, and make a renewed effort to increase personal savings. However, these
very same consumers need payment options that give them increased choices to manage their cash
flow and funding needs. TSYS addressed these market-driven and consumer needs through innovation. TSYS strives to be responsive to market demands by offering flexible, innovative products to fit the
unique needs of today’s consumer.
TSYS Hybrid is a patent-pending service which enables credit card issuers to give their customers the
ability to determine what they want to “pay now” vs. “pay later” from multiple accounts linked to the
credit line. The TSYS Hybrid functionality simplifies how consumers and small businesses manage their finances and also enables them to earn rewards on more transactions. Through an easy-to-use, intuitive Internet application, customers define their preferences and manage their transactions according to
their unique preferences and payment types. This innovative payments tool is exclusively offered
through TSYS.
Key Executives: Phillip W. Tomlinson (Chairman of the Board and CEO), M. Troy Woods (President
and COO)
Contact:
Product: Sarah Hartman, Payment Solutions, +1-706-577-1636 shartman@tsys.com
Corporate Marketing and Bus. Dev.: Virginia Ann Holman, 706-649-4695, vholman@tsys.com;
Kasey Gaymon, 706-644-4365, kgaymon@tsys.com
Press: Cyle Mims, Media Relations, +1-706-644-3110, cylemims@tsys.com |
