TSYS Enterprise Tokenization is a plug-and-play solution that enables issuers to offer digital mobile payment technologies to customers and the merchants that accept them. TSYS maintains active dialogue across the industry and consistently invests in solutions to support the evolving digital commerce landscape. This includes payment brands, smartphone providers and payment platforms such as Android Pay which is enabled by the Android operating system. Android Pay began rolling out gradually on September 10 and will continue across the next few days.

TSYS’ new Host Card Emulation (HCE) solution enhances its existing TSYS Enterprise Tokenization solution to empower mobile payment solutions like Android Pay. It allows payment card information to be stored in the cloud and transferred by a tap of the mobile device at the merchant terminal.

According to eMarketer, the number of smartphone users worldwide is expected to surpass 2 billion in 2016 – 51.7 percent of all mobile phone users1. The Android operating system runs a majority of all smartphones, and major carriers have committed to providing Android Pay to their customers.

“TSYS will continue to make new digital payment solutions like Android Pay a priority as we strengthen our commitment to mobile payments and the freedom of choice and convenience they provide," said Gaylon Jowers, senior executive vice president, TSYS. "We are optimistic about the positive impact of Android Pay in the mobile payments market, and look forward to supporting all of our clients in their efforts to offer secure and convenient mobile payments for their customers."

1 eMarketer, “2 Billion Consumers Worldwide to Get Smart(phones) by 2016”, Dec. 11, 2014