TSYS in India
-B Madhivanan, Business Head, Head of Credit Cards, ICICI Bank
When you accept millions of payments each day, it can be easy to lose sight of the fact that behind each purchase is a person. At TSYS we believe that payments should revolve around people, not the other way around. TSYS makes it possible for those in the Indian and global marketplace to conduct safe and secure electronic transactions with trust and convenience.
If you are already active in the Indian market, or looking to establish a presence, TSYS can offer you merchant payment-acceptance solutions, as well as a range of services in credit, debit, prepaid, mobile, chip, instalments and more.
TSYS KNOWS INDIA: Since entering the Indian payments market in 1994, TSYS has seen an emerging consumer cards sector with impressive yearly growth in credit and debit transactions. Let us help you draw on these opportunities and develop your business with a tailored suite of innovative payment licensing and processing solutions designed to meet local requirements.
TSYS SERVES INDIA: Our leading payment solutions support EMV, multi-payment schemes, multi-country, multi-lingual, multi-currency and multi-institutional payment processing. They comply with all local regulatory requirements and are fully integrated with the latest fraud and risk control technologies. They also include a range of value added services to help you increase operational efficiency and your bottom line.
Additionally, TSYS is a founding member of the Prepaid Information Forum (PIF), a global not-for-profit trade association established to represent all parties participating on a commercial basis in the prepaid economy. Under TSYS' patronage, the PIF India Chapter was launched in 2009. The launch represents global recognition of India as an emerging prepaid market with tremendous potential for growth and financial inclusion. TSYS recognises this opportunity, and as a leading global prepaid card processor is keen to share best practices and help implement local guidelines and solutions that will continue to drive the market toward financial inclusion.
Our Story in India
In 2006, when TSYS acquired Card Tech Limited (CTL), a global provider of licensed PRIME card management software, we gained a company with a track record in South Asia dating back to the early 1990s. In the same year, TSYS successfully completed one of the largest credit card conversions outside of the United States for India's second largest bank (and its largest private sector bank).
In 2008, TSYS acquired Infonox, building on its merchant acquiring processing solution with a suite of connectivity interfaces to multiple payment devices and new channels of service delivery such as mobile phones, ATMs and bill-pay kiosks. TSYS also added to its 100+ India-based team members in Mumbai and New Dehli with members from Infonox's office in Pune.
In 2009, TSYS expanded our global acquirer-processing footprint into India by teaming up with an India-based leading technology provider to provide one of India's largest public sector banks with an end-to end acquirer-processing solution.
In 2010, Visa developed an Electronic Payment Solution using Unique Identification Authority of India (UIDAI) platform. The solution is designed to provide a payment infrastructure for Aadhaar holders, especially the un-banked and under-banked Aadhaar holders, and uses TSYS, a leading global payment solutions provider, as the biometric authentication technology partner.
Today, TSYS has an established our footprint in the Indian market serving some of the country's highest ranked banks, including multinational banks that operate in India. In addition, TSYS provides its market-leading payment solutions to clients across South Asia including leading banks in Bangladesh, Pakistan, Sri Lanka and Nepal.
With an office employing 80 regional support staff in Malaysia and three offices in India employing 450 technical support staff combined with a global team of 8,000 skilled resources, TSYS is fully committed to servicing its regional client base.
Get In Touch
To learn more about our payment solutions in India, get in touch with us.
Amit Sethi
New Delhi
+91 120 4191000 tel
Amit.Sethi@ctl.com
News
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Events
Prepaid Information Forum, India Chapter Meeting
Mumbai, India
March 22, 2012
Cards & Payments Asia
Singapore
April 25-27, 2012
