TSYS and CASSIS International Enter Into Mobile NFC Partnership
Partnership to Help Enable Banks, Retailers, Payment Networks and Mobile Operators
Columbus, Ga., Feb. 7, 2011–TSYS announced today that it has entered into a partnership with CASSIS International to provide secure mobile payment, loyalty and commerce functionality. CASSIS is a mobile trusted service manager (TSM) for banks, retailers, transit operators and mobile service providers, and is globally certified by Visa and MasterCard.
“Consumers will soon be using their phones as their wallets, so delivering secure mobile payments, loyalty, rewards and coupons will be a ‘must have’ for our bank and merchant customers,” said Troy Woods, president and chief operating officer, TSYS. “TSYS is committed to offering a full range of mobile solutions that meets our customers’ needs both today and tomorrow, and we are excited to partner with CASSIS, a global leader in technology and trusted service management for mobile NFC.”
“We look forward to collaborating with TSYS, a global leader in electronic payments and loyalty to advance the value, convenience and integrated functionality of mobile NFC,” said TH Tan, chairman of CASSIS International. “Together, we can help all parties along the payments value chain to bring mobile NFC to market, so that everyone stands to win–most of all consumers.”
Thian Yee Chua, chief executive officer of CASSIS International, added, “This partnership with TSYS represents an important next step in realizing our vision of a global TSM network, helping to make mobile NFC safe, convenient and profitable around the world.”
CASSIS International is a leader in technology and trusted services for mobile payments, mobile commerce and near field communication (NFC). The company enables banks, telcos, transit operators, merchants and other service providers to deliver mobile phone-based NFC payment, transit, loyalty/rewards, identity and access control services to their customers. CASSIS has a distinctive track record of successful mobile NFC implementations around the world, including the first successful OTA provisioning of a 3G UICC chip globally and the first mobile NFC commercialization project in the world, working with a leading bank, telco, transit operator, device maker and payment network.
TSYS (NYSE: TSS) is reshaping a new era in digital commerce, connecting consumers, merchants, financial institutions, businesses and governments. Through unmatched customer service and industry insight, TSYS creates a better experience for buyers and sellers globally, supporting cross-border payments in more than 85 countries. Offering services in credit, debit, prepaid, mobile, chip, healthcare, installments, money transfer and more, TSYS makes it possible for those in the global marketplace to conduct safe and secure payment transactions with trust and convenience.
TSYS’ global headquarters are located in Columbus, Georgia, with other local offices spread across the Americas, EMEA and Asia-Pacific. TSYS serves approximately 400 clients in 85 countries, including relationships with more than half of the Top 20 international banks. For more information, please visit us at http://www.tsys.com.
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For CASSIS International