Merchant Management Systems renews processing deal with Tsys

Source: Tsys Acquiring Solutions

Tsys Acquiring Solutions, the pre-eminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry, announced today it has renewed its merchant-processing service agreement with Merchant Management Systems (MMS).

MMS, founded in 1996 in Ashland, Ky., is one of the fastest growing electronic payment providers in the United States. The agreement continues a long-standing partnership between the two companies. TSYS Acquiring Solutions will continue to provide transaction processing and related support services for MMS.

"MMS is dedicated to providing a wide array of payment vehicles to merchants. By partnering with TSYS Acquiring Solutions, we can broaden our offering to merchants and ISOs," said Pat Reed, president and chief executive officer of MMS.

"MMS continues to achieve remarkable growth in the payments industry. TSYS Acquiring Solutions is pleased to renew its partnership with MMS to deliver a comprehensive set of solutions along with unparalleled systems reliability and service excellence to their merchant and ISO clients," said Robert J. Philbin, president of TSYS Acquiring Solutions.

Terms of the agreement were not disclosed.

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