TSYS, a US-based credit card processor, has renewed its payments contract with Swisscard, a joint venture (JV) between Credit Suisse and American Express (Amex).
Apart from offering other payment services, the American payment solutions provider will continue processing Swisscard’s consumer credit and commercial card portfolios on the TS2 platform.
Customers managed by the Switzerland-based card company have varied options of credit card products from Amex, MasterCard and Visa in the Swiss market.
TSYS International group executive Rob Hudson said: “Swisscard is a leader in Switzerland, and an important client for TSYS as we continue to grow across Europe. We look forward to delivering innovative new products and services to help them continue providing excellent service for their cardholders.”
Swisscard head of IT service management and control Boris Kraus said: “The stability and availability that TSYS’ systems have provided us throughout our relationship have been important for our business performance. They understand where we are today and where we want to go, and we look forward to continue working with TSYS to provide our cardholders excellent card processing services.”