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Canada,United States : TSYS extends processing deal with CANADIAN TIRE

May 30, 2014

TSYS announced that it has extended its exclusive deal with Canadian Tire Financial Services, a division of Canadian Tire.

According to TSYS, it has decided to extend the deal in order to provide processing and other payment card program services; the transaction processor announced this week. The multi-year extended deal consists of Canadian Tire s MasterCard-branded and private-label retail portfolios.

Bonnie Agosthino, Canadian Tire vice president, commented TSYS has been a great partner through the years, working closely with us to understand our needs as we continue to grow and expand our payments programs. Their commitment to technology and customer service helps us better serve our customers now, and we are confident TSYS will continue to do so in the future.

TSYS stated that it delivers Canadian Tire with a number of services outside of traditional issuer processing and merchant acquiring, including fraud and risk management, portfolio analysis and a rewards and loyalty program.

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Source: TendersInfo (India)

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