Global Payments’ TSYS business signs multi-year agreement with Wells Fargo Bank

By Pavithra R

Global Payments, a leading pure-play payments technology company delivering innovative software and services, has announced that its Issuer Solutions business, TSYS has renewed its agreement with Wells Fargo, the fourth-largest bank in the U.S.

“We continue to benefit from the flexibility and power of TSYS’ innovative payments solutions, along with the support of Global Payments, as we look to further simplify, streamline and digitize the overall experience for our commercial card customers,” said Mary Mazzochi, Senior Vice President and Manager, Commercial Card Product Suite, Wells Fargo.

Under the terms of the agreement, TSYS will continue to provide a range of processing and support services for the bank’s commercial card portfolio. SInce 1995, Wells Fargo has been utilizing TSYS’ payments processing platform.

“We have had a great relationship with Wells Fargo for many years, and this agreement provides further validation of our market leading technologies, products and services for commercial payments that clients have come to expect from our company,” said Gaylon Jowers, President, TSYS Issuer Solutions and Senior Executive Vice President, Global Payments.

Recently, Global Payments partnered with AWS to reinvent the future of payments.

Established since 1967, Global Payments is a provider of cutting-edge payments and software solutions to help businesses simplify commerce and cultivate their vision of success. The firm has created a differentiated model in the payments technology landscape, reinforcing its view that not all payments companies are created equal.