US-based payments processor TSYS has acquired
the merchant portfolio of Vanguard Payment Systems.

The portfolio purchase of the Florida based
Vanguard Payment Systems includes merchant accounts, which will
have access to TSYS Merchant Solutions products and services.

TSYS Merchant Solutions provides customisable
payment services that enable credit, debit and prepaid cards at the
cash register or via the Internet.

 Mark Pyke, president of TSYS Acquiring
Solutions said:

“We will continue to invest in our merchant
servicing business as demonstrated by this portfolio purchase, as
well as our ownership of TSYS Merchant Solutions and recent
acquisition of TermNet Merchant Services.”


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData