TSYS Acquiring Solutions Renews Processing Agreement with Merchant Management Systems, Inc.

TEMPE, Ariz.--(BUSINESS WIRE)--TSYS Acquiring Solutions^SM, the pre-eminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry, announced today it has renewed its merchant-processing service agreement with Merchant Management Systems, Inc. (MMS).

“MMS continues to achieve remarkable growth in the payments industry. TSYS Acquiring Solutions is pleased to renew its partnership with MMS to deliver a comprehensive set of solutions along with unparalleled systems reliability and service excellence to their merchant and ISO clients”

MMS, founded in 1996 in Ashland, Ky., is one of the fastest growing electronic payment providers in the United States. The agreement continues a long-standing partnership between the two companies. TSYS Acquiring Solutions will continue to provide transaction processing and related support services for MMS.

“MMS is dedicated to providing a wide array of payment vehicles to merchants. By partnering with TSYS Acquiring Solutions, we can broaden our offering to merchants and ISOs,” said Pat Reed, president and chief executive officer of MMS.

“MMS continues to achieve remarkable growth in the payments industry. TSYS Acquiring Solutions is pleased to renew its partnership with MMS to deliver a comprehensive set of solutions along with unparalleled systems reliability and service excellence to their merchant and ISO clients,” said Robert J. Philbin, president of TSYS Acquiring Solutions.

Terms of the agreement were not disclosed.

About TSYS Acquiring Solutions

TSYS Acquiring Solutions is the pre-eminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry and its customers. TSYS Acquiring Solutions delivers comprehensive solutions and support that securely and reliably process billions of credit and debit transactions every year. From authorization and capture services to the clearing and settling of merchant transactions, critical customer support functions and information management services, TSYS Acquiring Solutions helps acquirers effectively manage and grow their merchant portfolios. TSYS Acquiring Solutions is a wholly owned TSYS^® (NYSE: TSS) subsidiary. Additional information about TSYS Acquiring Solutions can be found at www.tsysacquiring.com.

About Merchant Management Systems, Inc.

Merchant Management Systems (MMS) is one of the nation's fastest growing and most aggressive electronic payment providers serving the market place today. MMS offers a wide array of payment vehicles including credit and debit card processing, check conversion, gift and loyalty card processing and electronic benefits transfer with the utmost in speed, reliability and flexibility. MMS is dedicated to providing services with an absolute commitment to quality service and customer satisfaction. MMS can be reached at 1.800.795.6099 or www.OnlineWithMMS.com.