TSYS announced that Thomas Boyer, a senior executive with more than 15 years of business development experience in the acquiring industry, has been named president of TSYS Merchant Solutions, its direct acquiring business unit. Boyer will report to Mark Pyke, president of TSYS’s Merchant Services segment, and will manage all aspects of direct-to-merchant sales, operations
TSYS has announced that it has increased its stake in its Central Payment Joint Venture (CPay) from 60 percent to 75 percent. Central Payment founders Matt and Zach Hyman have committed to lead the company as Co-Managing Directors for an additional three years. “Under the leadership of Matt and Zach, the value of Central Payment
TSYS announced an agreement with Discover to process PayPal payment transactions within the contiguous United States. In August 2012, PayPal entered into a service provider relationship with Discover under which PayPal obtains access to participating merchants’ brick and mortar locations through Discover’s technological infrastructure. PayPal offers consumers several advantages, one of which is that PayPal
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