TSYS Signs Axia Payment Solutions to a Full-Service Contract

TEMPE, Ariz.--(BUSINESS WIRE)--TSYS is pleased to announce that it has signed Axia Payment Solutions, a payments hardware and software supplier. Under the terms of the new agreement, Axia will use TSYS’ end-to-end business solutions to grow and manage its merchant base.

“Compared to other providers, TSYS can best support the diverse needs of our customer base by providing a single platform solution, industry-leading tools and the relationship support that will allow Axia to remain one of the fastest growing ISOs in the United States,” said Randal Clark, president of Axia Payment Solutions. “The ability to support our rapid growth and their outstanding reputation in the industry are the reasons we selected TSYS.”

As part of the agreement, Axia will now be able to offer its merchants the innovative technology developed by Infonox, a TSYS company, including the TransIT platform, a full-service processing backbone, and TranSending, a convenient Web-based, data-entry tool that streamlines the portfolio management process.

“TSYS brings together an advanced, reliable processing platform with a fully integrated suite of market-leading, value-added services,” said Bob Philbin, president of TSYS Acquiring Solutions. “This enables clients like Axia to enjoy the speed and flexibility necessary to compete and win in the acquiring market. We are delighted to solidify and expand our business relationship with Axia.”

About Axia

Established in 1999, Axia markets and sells merchant programs that include hardware and/or software solutions to provide more efficient and economical ways to process electronic credit, debit, and ACH programs, as well as other payment processing. For more information, visit Axia at www.axiapayments.com.

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.