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TSYS Enables Tokenization for Commercial Card Issuers

Tuesday, May 30, 2017   (0 Comments)
Posted by: Terri Brustad

COLUMBUS, Ga., May 30, 2017 — TSYS (NYSE: TSS) announced today that it has enabled tokenization across all of its North American commercial card platforms. TSYS is the first commercial card processor to allow its Visa® and Mastercard® corporate, purchasing and small business card clients to offer their cardholders the ability to pay with a mobile device using Apple Pay®, Android Pay® or Samsung Pay®.

According to Business Insider’s Mobile Payments Report from June 2016, the number of mobile payment users is projected to be 150 million by 2020. With TSYS’s new commercial tokenization, corporate cardholders can now carry their personal payment preferences into the commercial setting with the ability to take advantage of the ease and security of mobile payments.

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