TSYS Extends Relationship with INVEX
June 30 2015 - 9:00AM
Business Wire
TSYS (NYSE: TSS) announced today that it has extended its
payments agreement with Mexico’s Banco INVEX S.A. The multi-year
agreement includes processing services for INVEX’s consumer and
commercial credit card portfolios.
“We look forward to continuing our business relationship with
TSYS, and are excited about consolidating our consumer line of
business onto the more robust TS2® platform,” said Jean Marc
Mercier, head of the Card Business for INVEX. “We feel this will
position INVEX for future growth while offering our cardholders
increased product options.”
“INVEX has been a valued client for more than 10 years, and this
renewal is an example of our ongoing commitment to the Latin
American market as we move forward and look for ways to continue
our growth in the region as well as the support of our existing
client base,” said Bill Pruett, president of the North America
Services segment for TSYS.”
As part of the agreement, TSYS will continue to provide INVEX
with additional services such as data analytics, fraud prevention
and risk management tools.
Financial terms of the agreement were not disclosed.
About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around
people, not the other way around. We call this belief
People-Centered Payments®. By putting people at the center of every
decision we make, TSYS supports financial institutions, businesses
and governments in more than 80 countries. Through NetSpend®, A
TSYS Company, we empower consumers with the convenience, security,
and freedom to be self-banked. TSYS offers issuer services and
merchant payment acceptance for credit, debit, prepaid, healthcare
and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with
local offices spread across the Americas, EMEA and Asia-Pacific.
TSYS is a member of The Civic 50 and was named one of the 2015
World's Most Ethical Companies by Ethisphere magazine. TSYS
routinely posts all important information on its website. For more,
please visit us at www.tsys.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150630005238/en/
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.com
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