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  • PRICE$100.54
  • % CHANGE0.45%


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  •  Strong Buy
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Disclaimer: Past performance may not be indicative of future results. Smart Auto-Trading, like other investment methods, rely on favorable market conditions to provide positive returns.


TSYS Signs Agreement with CreditShop to Provide Payment Services for the New Mercury Mastercard

TSYS (NYSE: TSS) today announced it has signed an agreement with CreditShop LLC, a consumer finance company, to support its new credit card program. CreditShop recently introduced the new Mercury Mastercard to complement its existing personal loan products. In addition to card processing services, TSYS will also provide card production, fraud and risk management, and customer service support.

“We chose TSYS as our payment services partner after thoughtfully considering all options. Their world class processing platform and ability to support product innovations are key things that we intend to leverage as we grow our business,” said Dan Duncan, Chief Executive Officer, CreditShop.

“It’s always exciting to provide innovative products and services to new customers looking to expand their businesses,” said Allen Pettis, Executive Vice President and Chief Customer Officer, Issuer Solutions, TSYS. “With our experience in the credit card industry, and our reputation of outstanding customer service, we know that we can help CreditShop achieve their goal of providing better card products to underserved consumers.”

Terms of the long-term agreement were not disclosed.

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