Tsys signs PaySquareto payment services

Source: Tsys

Tsys today announced that it is providing comprehensive, end-to-end payment services to a leading credit card company in the Benelux, PaySquare.

The services enable the Netherlands-based company to effectively manage and grow its merchant portfolio.

PaySquare began outsourcing payment processing operations to TSYS in October 2008, supporting MasterCard, Visa and Maestro card transactions through the Prime processing platform. It manages more than 55,000 merchants and processes transactions on a daily basis.

"PaySquare is TSYS' first acquirer-processing client to go live in Europe and adds to our existing footprint in the U.S. and internationally," said Gaylon Jowers, president of TSYS International. "TSYS now offers an integrated European solution across the entire payments value chain, from issuing to acquiring, as well as the regulatory, compliance and value-added services crucial to those managing a cards portfolio."


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