Tsys reports Caterpillar Financial Services contract

Source: Tsys

Tsys announced today it has signed a multi-year payment services agreement with Caterpillar Financial Services Corporation, the financial arm of Caterpillar Inc.

Under terms of the agreement, TSYS' industry leading TS2 platform will be used to process commercial credit accounts.

The agreement also includes TSYS CounterPASS, a Web-based virtual point-of-sale product, as well as internet-based reporting, statement and customer care services to support more than 900 Caterpillar dealer locations in the United States.

"This agreement is a testament to our continued commitment to innovation and customer service, and encompasses an enterprise-wide approach to providing Caterpillar Financial Services with support for its payments business," said M. Troy Woods, president and chief operating officer of TSYS.

Terms of the long-term agreement were not released.


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