Net Element, the Florida-headquartered mobile commerce and payment processing player, announced that Aptito, its cloud-based point of sale (POS) system for restaurants, has integrated with merchant solutions specialist TSYS, The Paypers Reported on August 5. Aptito helps merchants managed their social media profiles, daily deals...
Like a manned Mars mission, it’s easy to believe total consumer mobile wallet adoption is an inevitable, if predictable, conclusion to current trends. But, despite how captivating both ideas can be, it seems increasingly unlikely that we’ll see the fruition of either in our lifetimes....
TSYS, the Georgia-based payment processor, has revealed that its year-over-year revenue increased 3.4 percent from 2012 to $478.4 million. The results were issued in its second-quarter earnings report published on July 23. The company reported basic earnings per share of $0.31, earnings before income tax...
TSYS signed a multi-year payments contract with KBC Bank in Ireland to roll out the bank’s debit card portfolio for Irish customers. The debit portfolio will operate on TSYS’ TS2 platform, and TSYS Managed Service EMEA will be in charge of offering customer service support...
On July 1, TSYS completed its acquisition of NetSpend Holdings Inc. The move brought a fourth operating segment into the fold for TSYS, and introduced the payments giant to NetSpend’s 68 million underbanked consumers in the U.S. Yet according to Troy Woods, president and COO...
TSYS has announced its Q1 2013 earnings, reporting basic earnings per share of $0.31 and a jump in profit of 3 percent. The payments processor generated $465 million in revenue, up 0.8 percent from 2012, and diluted EPS came in at $0.30 for an increase...
The Commercial Bank of Qatar and TSYS have celebrated 20 years together. Commercial Bank became a TSYS client in 1992 when it began licensing the solution to manage the issuing and acquiring of its card programs. It has since extended its license and now additionally...
TSYS and Visa have partnered to launch a biometric payment solution launched in India. The Saral Money program provides Indian consumers with access to financial services and electronic payments for the first time by linking Visa accounts to Indian Unique Identification Accounts. TSYS’s technology is...
TSYS has announced that it will be playing a part in a payment solution launched by Visa to foster financial inclusion in India. The Saral Money program provides Indian consumers with access to financial services and electronic payments for the first time by linking Visa...