TSYS, a processor of merchant acquirers and bank credit card issuers, has selected Multos International’s chip card technology to launch its latest EMV services offering for banks and financial institutions.
The new product launch includes support for a range of technology options from SDA to DDA/CDA and dual interface, utilizing MULTOS technology with payment applications from Multos International, approved by the major payment brands.
TSYS said that its solutions simplify the entire process for their issuer customers by offering them guidance along the full cycle from product planning to final production.
TSYS de Mexico IT director Hugo Torres said, "Multos International offers a wide range of chip technology options to meet our demanding requirements."
"The impressive level of support for a smooth migration and assistance to facilitate new product introduction for our bank customers, was a fundamental factor in our decision to use MULTOS technology."
Recently, TSYS has joined the Multos Consortium and is already working on several EMV issuing projects in Mexico.