Wednesday, April 14, 2010

TSYS and CPC Sign Agreement



 TSYS

TSYS and Central Payment Co. Sign Agreement

TEMPE, Ariz.--(BUSINESS WIRE)--TSYS Acquiring Solutions announced the signing of an agreement to provide authorization and capture services to Central Payment Co. (CPC), one of the fastest-growing, transaction processing providers in the country.
“This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
The agreement enables Central Payment to leverage TSYS’ flexible and efficient technology, and benefit from a wide array of cost-saving and revenue-generating products and services. Central Payment is currently boarding more than 1,700 merchants a month through TSYS.
“We are excited about the new relationship we’ve formed with Central Payment, and look forward to supporting their business needs,” said Mark Pyke, president of TSYS Acquiring Solutions. “This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
“Our attraction to TSYS was two-fold: We wanted to pair with a reputable industry leader that can match our speed and proficiency, and build a working relationship that allows us to continue to grow,” said Zachery Hyman, managing partner for Central Payment. “TSYS is the perfect fit for CPC.”
About TSYS
TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contactnews@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site.
About Central Payment Co.
Central Payment Co. (CPC) is a leading provider of transaction processing services. As one of the fastest growing payment processors in the country, we are committed to personal service, competitive pricing and solutions to help businesses grow and become more profitable. Headquartered in Marin County California, CPC provides credit card processing and a host of other electronic payment solutions to more than 35,000 small, medium and large businesses across the United States. For additional information, please call 415.462.8335 x7115 or visitwww.centralpaymentcorp.com.

Contacts

TSYS Media Relations

Cyle Mims, +1-706-644-3110

cylemims@tsys.com

or

TSYS Investor Relations

Shawn Roberts, +1-706-644-6081

shawnroberts@tsys.com

At A Glance











TSYS
Source: via Business Wire
Updated   07/07/2009   by company
Headquarters:Columbus, GA
Website:http://www.tsys.com
CEO:Philip Tomlinson
Employees:8,110
Ticker:TSS  (NYSE)
Revenues:$1.9 billion (2008)
Net Income:$250 million (2008)
Permalink: http://www.businesswire.com/news/home/20100414005219/en/TSYS-Central-Payment-Sign-Agreement

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