Total System Services Inc., or TSYS, has entered into an agreement with Cassis International Pte. Ltd. to provide secure mobile-payment, loyalty and commerce functionality for NFC payments, the companies announced Feb. 7.
“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, TSYS president and chief operating officer, said in a news release.
TSYS officials were not immediately available to comment on specific plans.
Singapore-based Cassis is a mobile trusted service manager for financial institutions, retailers, transit operators and mobile service providers. The company also is globally certified by Visa Inc. and MasterCard Worldwide.
