Executive Summary

Why is the PASS Product Line What's Next for Payments?

The PASS products offer a dynamic and flexible platform via which existing and future payment types can be made easily accessible to merchants and consumers.

Today's Payment Environment

Technology has grown exponentially more powerful and customer-friendly while the point of sale has gotten more costly and complex. TSYS is reducing the risk of innovation. Through the Infonox suite of products - CounterPASS^TM, WebPASS^TM, MobilePASS^TM, KioskPASS^TM and MultiPASS^TM - merchants and retailers can deliver cost-saving and revenue-generating payments applications across any network, over any payment device, at every POS. We do this with a platform called TransIT^TM.

The TransIT^TM Platform

TransIT was developed by Infonox, a TSYS company, to address the challenges that stand between retailers and the execution of their strategies at the store level. Step by step we are removing the obstacles that complicate a merchant payment experience. TransIT and the PASS products bring:

• No third party set-up
• Centralized reporting (Merchant Center)
• One phone number for support
• A Host based system reducing PCI concerns
• Enhanced acquiring / merchant communication
• New revenue streams through monthly service fees

TransIT^TM Integration

TransIT is a platform for building, interfacing, operating, driving, switching, processing and supporting multiple payment forms, value-add services and systems management services.

CounterPASS^TM

CounterPASS is a PC-based point-of-sale with more payment types, security and functionality than typically available with traditional counter top terminals.

WebPASS^TM

WebPASS is for merchants who accept mail or telephone orders need a powerful solution that offers secure Internet payment processing with an easy-to-use interface.

MobilePASS^TM

MobilePASS is a smartphone-based payments application for on-the-go merchants enabling them to accept and process card payments anywhere they have cellular service.

MobilePASS supports a Bluetooth magnetic stripe reader and thermal printer that qualifies transactions for card present interchange rates and prints receipts on-the-spot.

KioskPASS^TM

• KioskPASS is a turn-key kiosk platform focused on financial services:
• Broad Portfolio of Services & Interfaces to Processors (on-demand)
• Library of device Interfaces supports a variety of HW Manufacturers
• An end-to-end, Hosted (SaaS) multi-transaction Kiosk Platform
• The Platform enables:
• ATM Transactions, Prepaid Top-up and Long Distance, Bill Payment, Money Transfers, Money Orders, Check Cashing, Stored Value, Gift Cards, Remote Deposit Capture
• Biometrics, Customer Enrollment, Loyalty, Card Printing

MultiPASS^TM

MultiPASS is a comprehensive XML-based API that delivers a library of Business, System and Financial Services to the outside world:

• A "brand-able" Partner Portal that enables third parties to quickly integrate to the API with minimal interaction
• A robust Reporting and Monitoring platform (SupportNox) offering real-time transaction, device and customer lifecycle management

Merchant Center

Merchant Center empowers merchants with real-time detailed transaction information and reports and is included as part off the PASS solutions. 

Key Executives Leading Product Launch

Robert (Bob) Philbin | President, TSYS Acquiring Solutions

As president of TSYS Acquiring Solutions, Bob Philbin is nurturing the company's vision to move closer to the merchant and closer to the consumer. Instrumental to achieving this vision is the innovation infused through the recent acquisition of a Silicon Valley based technology firm, Infonox, which he spearheaded. Philbin leverages his extensive banking and financial expertise to generate strong business results.

Philbin held senior positions for over 25 years in the payments industry and has established a solid track record for creating game changing business models. With his extensive experience in securing and deploying capital to create value, he is a well respected businessman for structuring joint ventures, start-ups and turnaround business models in both domestic and international markets.

A graduate of Creighton University in Omaha, Nebraska, Philbin holds a Bachelor of Science in Business Administration.

Philbin serves on the TSYS executive committee, the board of Infonox, a TSYS Company, and the board of the Electronic Transactions Association (ETA). He is committed to investment in the youth of the Phoenix area and the United Way.

Ashim Banerjee | Chief Information Officer

Ashim joined TSYS Acquiring Solutions as our chief information officer following the Infonox acquisition. In his role with TSYS Acquiring Solutions, Ashim oversees the implementation of our technology initiatives.

In the past eight years with Infonox, he was instrumental in helping transition from a custom, "build-on-demand" solution provider to a true "product solutions" company. Ashim did so by managing the Infonox intellectual property strategy and obtaining a number of patents in the "self-service" and "payments" space. Prior to joining Infonox, Ashim utilized his electrical engineering skills in the laser physics and fiber optics fields.

 

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Related Material

Information Sheets: MobilePASS | WebPASS | CounterPASS | KioskPASS

Merchant Brochures: KioskPASS | MobilePASS | WebPASS | CounterPASS

Whitepaper: TSYS Acquiring Solutions -- Executive Summary: Five Strategies to Impact Your Bottom-line

General Company Information

TSYS Acquiring Solutions is internationally recognized as a leading provider of products and services in the card payment and merchant acquiring industries. From new payment technologies, authorization and capture services, clearing and settlement, and business management and information services; TSYS delivers comprehensive payment solutions that securely and reliably process billions of credit and debit transactions annually. TSYS' acquisition of Infonox in 2008 helped further its mission to become a payment industry market disrupter by leveraging today's technology to develop and deliver new products capable of thriving in a new financial ecosystem; bringing value to B2B, B2C and P2P markets.

Supporting Documents

TSYS Acquiring Solutions: Five Strategies to Impact Your Bottom-line