TSYS announced that it has signed a long-term renewal agreement with HealthEquity, Inc. to provide payments processing services for the company’s healthcare payments portfolio.

As one of the largest health savings account administrators, HealthEquity works with a wide variety of employers, diverse in industry, size, location, and culture. TSYS has provided processing services for HealthEquity since 2009.

“Our renewed partnership with TSYS will enable us to continue to grow our business quickly and efficiently,” said Jon Soldan, executive vice president of Operations at HealthEquity. “We look forward to working in partnership with TSYS to provide industry-leading service for our partners.”

“At TSYS, we place tremendous value in long-term commitments with clients such as HealthEquity,” said Trey Jinks, group executive of Healthcare at TSYS. “We look to continue providing HealthEquity with our best-in-class processing platform, innovative products and superior customer service to help them grow faster than the market providing the best possible experience to their clients and plan members.”

As part of the agreement, TSYS will continue to provide HealthEquity with core payment card processing and related services such as card and statement production. The HealthEquity portfolio includes health savings accounts, flexible spending accounts and health incentive accounts.