Total System Services (TSS) Stock Gains on linked2pay Deal - Analyst Blog

Columbus, GA-based Total System Services, Inc. (TSS) partnered linked2pay to offer a feature-packed omni payments solution with additional ways to accept payments to the former's merchants and partners.

Shares of Total System Services gained 1.4% and closed at $32.81 per share in the last trading session reflecting investor's optimism regarding the announcement.

linked2pay is a cloud-based technology that offers the merchants an access to secure, single-point login with feature-rich payment acceptance that can be branded. These include online or mobile payment using credit cards or ACH. Apart from this, other payment options that merchants can offer to their clients include online forms, email, virtual terminal and shopping cart checkout. This technology will also offer an efficient customizable reporting service to buyers.

The combination of credit cards and ACH will help merchants across industries to lower the costs as well as paper checks with the help of this payment system.

Software providers and resellers will have the advantage of using linked2pay technology without incurring any extra cost, while delivering automatic payment solutions to high-volume users.

With the cloud-based technology, buyers can accept payments instantly once they are registered. Additionally, the integration tools provided to achieve process and reporting automation minimize the efforts on any IT-related project.

Currently, Total System Services has a Zacks Rank #2 (Buy).

Other Stocks to Consider

Investors interested in the financial transaction services sector may also consider Envestnet, Inc. (ENV), Global Payments Inc. (GPN) and Higher One Holdings, Inc. (ONE). All of these stocks have the same Zacks Rank as Total System Services.

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