Through its Merchant Services segment, TSYS will provide full-service payment processing services, in addition to chargeback processing, technical support, and risk management services.

"We are pleased to join MLS Direct Network as their payment processing service provider," said Mark Pyke, president of TSYS' Merchant Services segment. "This new relationship extends our reach to provide service and support to an organization that offers its cooperative buying network members benefits they might not have access to on their own."

"We are excited about our new relationship with TSYS," said Andy Pitts, president of MLS Direct Network. "Our decision to partner with TSYS was based on its breadth of services and support, plus its commitment to customers' success, which aligns with the growth of our business."
Terms of the agreement were not disclosed.