Global Payments’ TSYS signs new multi-year payments agreement with Banco Carrefour

By Pavithra R

Global Payments, a leading pure-play payments technology company delivering innovative software and services, has announced that TSYS, its Issuer Solutions business, has signed a multi-year agreement with Banco Carrefour in Brazil.

“Our partnership with Banco Carrefour highlights the strength and durability of our worldwide customer relationships and our ability to provide innovation that delivers. We look forward to continuing to help Banco Carrefour accelerate their digital payment offerings, creating best-in-class experiences for their cardholders, in support of our overall growth initiatives across Latin America,” said Ross Stewart, Senior Vice President and General Manager of Latin America, TSYS.

Banco Carrefour is the financial services arm of Carrefour Brasil, the country’s leading supercenter retail chain. It is the only bank owned by a retailer in the country and one of the largest credit card issuers within the Brazilian market. Under the agreement, TSYS will provide a range of processing and support services for Banco Carrefour’s credit card and digital accounts, as well as handle their on-us acquiring transactions.

“Our longstanding partnership with TSYS has enabled the delivery of numerous projects — including the successful launch of our digital accounts program in 2020 — that have contributed to the expansion of our payments portfolio. Whether with new financial products, daily discounts or differentiated options for installment purchases, together we have transformed our operation by creating flexible, safe and innovative solutions for our entire payment chain,” said Aydes Marques, Chief Technical Officer, Banco Carrefour.

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.