20 March 2018

Veracity renews Tsys processing deal

10 April 2012  |  1167 views  |  0 Source: Tsys

TSYS (NYSE: TSS) announced today that it has extended its long-term agreement with Veracity Payment Solutions to serve as their full-service payment solutions provider.

A North American acquirer offering full-service payment technology to more than 12,000 businesses nationwide and processing approximately $2 billion in transaction volume annually, Veracity will utilize TSYS' robust point-of-sale solutions and flexible, reliable systems to support an aggressive growth strategy.

"We are delighted to continue as Veracity's growth partner," said Tim Munto, group executive of Sales and Client Relations for TSYS Acquiring Solutions. "With a common goal of growth and customer service, TSYS is well positioned to be Veracity's processing solutions partner."

"TSYS has a breadth of value-added resources and a proven strategy to provide superior support to its clients," said Joe Cohane, chief executive officer of Veracity Payment Solutions. "We value the consistency and stability of TSYS' core processing services, which will continue to serve our clients and help grow our business."

Terms of the long-term agreement were not disclosed.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit www.nextgenbanking.co.ukwww.currencycloud.com

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
9882 views comments | 29 tweets | 39 linkedin
hands typing furiouslyBitcoin at 50,000 USD?
9825 views 0 | 5 tweets | 3 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9222 views comments | 10 tweets | 8 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
8438 views comments | 14 tweets | 26 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7684 views comments | 15 tweets | 29 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job