Under the long-term agreement, TSYS will continue to support the FI's card payment services and acquiring business, the company says.
July 10, 2015
TSYS has signed a long-term renewal with U.S. Bank under which the company will continue to support the bank's commercial card payment services in the United States, Europe and Canada, and will also support its acquiring business.
"U.S. Bank has been a valued TSYS client for more than 25 years, and we are excited to continue this relationship for many years to come," said Keith Pierce, executive vice president for relationship management at TSYS. "Our relationship has expanded through the years allowing us to work together in a far more comprehensive way as we find ways to help U.S. Bank grow its business and better serve its cardholders."
Terms of the multiyear agreement were not disclosed.