Tsys and B+S Card Service, Germany, have signed an agreement for Tsys to provide B+S Card Service with back-office merchant acceptance services across Europe.
B+S Card Service is one of Europe's leading acquirers and providers of card payment solutions having developed a presence in 12 European countries, and has been helping its merchant clients transact payments for more than 20 years. TSYS' TS PrimeSM platform will be utilised, offering B+S Card Service a fully flexible, scaleable and enhanced cross-border merchant acquiring capability.
"As we continue to expand our presence across Europe, TSYS was selected as the right partner to assist us with further developing our innovative merchant acquiring capabilities," said Michael Pip, Managing Director of B+S Card Service. "Through TSYS, we will be able to develop our existing business, expand into new markets and deliver the high-quality service that our customers expect."
"By working with B+S Card Service, TSYS intends to be a leader in the European acquiring market," said Bob Evans, group executive of TSYS International. "TSYS has a strong presence in the issuing market across Europe, and this further enhances our offering and expands our presence at a time when the European payments market is seeing great changes."
The conversion is planned for Q1 2011 and will be supported from TSYS' state-of-the-art European datacenter, based in the UK. TSYS will also support B+S Card Service with Risk and Fraud Detection and Information Management Solutions.