TSYS Announces Full Service Processing for American Express OptBlue Program
Press release from the issuing company
Wednesday, April 22nd, 2015
TSYS today announced the enablement of full service payment processing under American Express OptBlue, the small merchant acquiring program from American Express. This new program allows our eligible direct merchants and small merchants from our third party clients to accept and process American Express Card transactions the same way they do other payment card transactions from major card networks. Merchant benefits include improved cash flow, easier and faster reconciliation and one easy-to-read statement for all card brand activity.
“This exciting new program allows us to offer additional payment options to our clients and their eligible merchants that will enable them to be more competitive,” stated Craig Ludwig, head of product for TSYS’ Merchant Services segment. “The streamlined back-end processes and servicing allow merchants to spend more time concentrating on growing their business.”