TSYS Unit Signs Security-Services Deal

 

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Total System Services Inc.’s TSYS Acquiring Solutions subsidiary has signed an agreement to provide security services on its platform for Caledon Card Services.

TSYS will handle authorization, capture, settlement and other services for Caledon merchants that use TSYS’s interchange system. TSYS also will handle dispute-processing functions through its dispute and charge-back platforms, the company noted in a May 10 press release.

“TSYS continues to establish a strong presence in this growing North American market, and the agreement with Caledon represents yet another step into the Canadian processing space,” Mark Pyke, TSYS Acquiring Solutions president, said in the press release.

 


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