TSYS Announces Full Service Processing for American Express OptBlue Program
Participating TSYS clients can now offer their merchants the ability to combine American Express® Card transactions with other card brands
TSYS today announced the enablement of full service payment processing under American Express OptBlue, the small merchant acquiring program from American Express. This new program allows our eligible direct merchants and small merchants from our third party clients to accept and process American Express Card transactions the same way they do other payment card transactions from major card networks. Merchant benefits include improved cash flow, easier and faster reconciliation and one easy-to-read statement for all card brand activity.
“This exciting new program allows us to offer additional payment options to our clients and their eligible merchants that will enable them to be more competitive,” stated Craig Ludwig, head of product for TSYS’ Merchant Services segment. “The streamlined back-end processes and servicing allow merchants to spend more time concentrating on growing their business.”
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Georgia., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, and has been named one of the 2015 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.