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TSYS Acquiring Solutions Renews Agreement with Moneris Solutions.


TEMPE, Ariz. -- TSYS TSYS Total System Services, Inc.  Acquiring Solutions(SM), the pre-eminent supplier of acquiring solutions, related systems and integrated support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  to the acquiring industry, announced today that it has renewed its merchant-processing service agreement with Moneris Solutions covering its U.S. portfolio.

Moneris Solutions is one of North America's leading payment processors, processing more than 2.3 billion credit- and debit-card transactions a year for more than 350,000 merchant locations across North America. The agreement continues a long-standing relationship between the two companies, with TSYS Acquiring Solutions remaining as Moneris' preferred third-party provider of transaction-processing and related support services in the United States.

"TSYS Acquiring Solutions has been, and will continue to be, a great partner in helping us deliver superior solutions to our merchant partners," says Greg C. Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, U.S. president of Moneris Solutions.

"We are thrilled to continue to serve Moneris as its processing partner and look forward to developing an even deeper and mutually beneficial relationship," says Robert J. Philbin, president of TSYS Acquiring Solutions.

The multiyear agreement was effective, Nov. 1, 2006. Financial terms of the agreement were not disclosed.

About TSYS Acquiring Solutions

TSYS Acquiring Solutions is the preeminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry and its customers. TSYS Acquiring Solutions delivers comprehensive solutions and support that securely and reliably process billions of credit and debit transactions every year. From authorization and capture services to the clearing and settling of merchant transactions, critical customer-support functions and information-management services, TSYS Acquiring Solutions helps acquirers effectively manage and grow their merchant portfolios. TSYS Acquiring Solutions is a wholly owned TSYS([R])(NYSE NYSE

See: New York Stock Exchange
: TSS See ITU. ) subsidiary. Additional information about TSYS Acquiring Solutions can be found at www.tsysacquiring.com.

About Moneris Solutions

Moneris Solutions, Inc. (www.monerisusa.com) has a 30-year history as one of North America's largest electronic-transaction processors, delivering advanced-payment card- processing capabilities through point-of-sale hardware, payment-processing software, e-commerce solutions and a gift and loyalty program. Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small- to medium-sized business market through direct sales and strategic partnerships. A joint investment of the Royal Bank of Canada Bank of Canada

Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money.
 and the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad.
Bank of Montreal/Banque de MontrĂ©al (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I).
, which have assets in excess of $700 billion, Moneris Solutions serves more than 350,000 North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 merchant locations and has a staff of over 1,100 employees. Moneris' U.S. headquarters are located in Buffalo Grove, IL, outside Chicago.
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Publication:Business Wire
Date:Feb 13, 2007
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