Payment tech provider Global Payments has announced that TSYS, its Issuer Solutions business, has renewed its agreement with Wells Fargo.
As part of the multi-year agreement, TSYS will continue to provide a range of processing and support services for the bank’s commercial card portfolio increasing engagement and efficiency for the firm’s consumers.
Mary Mazzochi, Senior Vice President and Manager, Commercial Card Product Suite, Wells Fargo commented: “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.”
Wells Fargo is currently the fourth largest bank in the US and this extension builds on a strengthened relationship between the two companies, which have been in partnership since 1995.
Gaylon Jowers, President, TSYS Issuer Solutions and Senior Executive Vice President, Global Payments added on the extension: “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.”
The bank is currently seeking to navigate the COVID-19 pandemic as effectively as possible, elevating support for its customers and also minimising job losses.
