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June 1, 2017

TSYS enables commercial card tokenisation in North America

US-based TSYS has become the first corporate card processor to enable tokenisation across all of its platforms in North America.

With the tokenisation, Visa and MasterCard issuers can enable their cardholders to make payment with a smartphone using Apple Pay, Android Pay or Samsung Pay.

The tokenisation will also allow corporate cardholders to manage their personal payment preferences into the commercial setting.

TSYS said that U.S. Bank is first commercial card issuer to start enrolling customers with a mobile payment solution for Visa corporate card transactions.

TSYS president and COO Pam Joseph said: “We are excited to be able to offer this capability to our Visa and MasterCard commercial issuers, enabling them to be first in market with a mobile solution for their cardholders.

“To do this across all of our U.S. platforms, and to have clients in-market already today with these capabilities, is further testament to our standing as the leader in the commercial payments market.”

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