Market Overview

TSYS Signs Long-Term Payments Deal with Priority Payment Systems

Share:
Related TSS
Morgan Stanley Raises Price Target On Total System Services On In-Line F15 Guidance
TSYS and Banco CSF S.A. Extend Payments Agreement
Will Total System (TSS) Surprise This Earnings Season? - Analyst Blog (Zacks)

TSYS (NYSE: TSS) today announced the signing of an agreement with Priority Payment Systems, LLC, to provide full-service payment processing services. Based in Alpharetta, Ga., Priority Payment Systems is one of the fastest-growing Independent Sales Organizations (ISOs) in the country and has established itself as a leading innovator in the electronic payments industry.

“TSYS is delighted to be entering into a partnership with Priority Payment Systems,” said Mark Pyke, president of TSYS' Merchant Services segment. “Priority has a proven track record of success, and TSYS is anxious to support the continuation of their growth.”

“Priority Payment Systems is pleased to engage with one of the leading processors in the payments industry, which will ultimately allow us to expand our processing capabilities by leveraging TSYS' products and platforms,” said John Priore, president and chief executive officer, Priority Payment Systems. “TSYS' people, their dedication to their clients and their well-known business integrity will further enable Priority to provide leading-edge service and technology.”

Terms of the agreement were not disclosed.

Posted-In: News Contracts

 

Related Articles (TSS)

Around the Web, We're Loving...