TSYS Signs Payments Agreement with Monetary LLC

TSYS will provide payment processing services to Monetary's network of software developers and merchants

TSYS TSS announced today that it has signed an exclusive long-term agreement with Monetary LLC, a connected commerce provider offering integrated payment services and marketing automation technologies for the point-of-sale industry. Under the terms of the agreement, TSYS will provide payment processing services to Monetary's network of software developers and merchants.

Founded by industry veterans Jeff Katz and Shelley Plomske, Monetary offers a single, integrated platform which includes their own payment gateway. TSYS will provide processing services to help bring this new solution to market, including authorization and capture, clearing and settlement, and chargeback functionalities. Monetary will also be integrating additional TSYS services and payment capabilities into the overall platform, including merchant onboarding tools.

"We are excited about this new strategic relationship with Monetary," said Tim Munto, group executive, TSYS' Merchant Services segment. "By leveraging Monetary's payment and marketing automation platform and our secure payment processing capabilities, developers and merchants can take advantage of a more complete solution to manage their businesses and maximize revenue. We look forward to working with Monetary to help deliver unique solutions to both their existing and future customers."

"TSYS has a distinguished history in payment processing. Monetary is pleased to be working with this respected resource for payment processing services," said Shelley Plomske, chief executive officer and president, Monetary. "Together we offer best-in-class solutions for the dealers and developers we work with."

About Monetary LLC

Monetary LLC, headquartered in Denver, Colorado, brings proven leadership in payment services and marketing automation to provide a sophisticated digital management platform that offers quantifiable benefits for developers, merchants and consumers. Monetary provides the platform from which developers can deliver to small- to-medium-sized merchants the kind of highly profitable and personalized web and mobile experiences for customer outreach and retention that were once restricted to only the highest tier of online merchants. Monetary aims to eliminate the information silos caused by data collection from numerous independent applications by simplifying integration and synchronization of data from multiple channels to provide the business intelligence necessary to create a better customer experience and increase revenues. For more information, please visit www.monetary.co or call 844.429.9365.

About TSYS

TSYS^® TSS is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. We succeed because we put people, and their needs, at the heart of every decision. It's an approach we call ‘People-Centered Payments^®'.

Our headquarters are located in Columbus, Ga., U.S.A., with approximately 11,500 team members and local offices spread across 13 countries. TSYS generated revenue of $4.2 billion in 2016, while processing more than 25.5 billion transactions. We are a member of The Civic 50 and were named one of the 2017 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.

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