TSYS Europe Offers Instant-Issue Capability for Prepaid Cards
Gift Voucher Shop Launches Successful Gift Card Program in Ireland
Columbus, Ga., and York, England, August 21, 2007 — TSYS Europe and The Gift Voucher Shop (GVS) today announced the successful launch of GVS’ One4all retail gift card campaign in hundreds of Post Offices in Ireland and on the GVS Web site, www.giftvouchershop.ie.
GVS is an established gift-giving service that offers consumers and recipients ultimate choice and flexibility. TSYS Europe’s prepaid division now has issued more than 1.7 million instant-issuance, non-personalised cards in support of the GVS One4all product — making it the largest, single-customer bulk card order done by the company to date.
“When we approached TSYS Europe with this program, we knew it was going to be a challenge for them to accommodate an order of this magnitude with such a short timeframe,” said Declan Byrne, director of international business development for GVS. “They have met this challenge head-on, enabling us to enjoy a successful roll-out of the One4all product, as well as providing GVS with a flexible pre-paid platform to enable development of electronic card products across its markets”.
“The launch of the GVS One4All prepaid card is a fantastic example of TSYS delivering another innovative and large scale prepaid programme. The product is Visa backed, although the card does not carry the logo, and is restricted to acceptance within a GVS-defined network of more than 250 Irish retailers,” said Kelley Knutson, managing director of TSYS Europe. “GVS have a strong established paper voucher business and chose TSYS to process the prepaid product, so our ability to deliver a robust solution that was capable of handling substantial volumes was key. The experienced European-based prepaid team was instrumental for this project and continue to demonstrate great proficiency at managing large scale clients across Europe.”
TSYS now process multiple prepaid portfolios for major banks across Europe, including Bank of Ireland, Royal Bank of Scotland, Raphael’s Bank, Norwich Union, Santander and LloydsTSB.
About GVS
The Gift Voucher Shop (GVS) is a unique and unrivalled service that eliminates any hassles normally associated with gift and incentive giving by offering consumers and corporate clients the ultimate in choice and flexibility. The company operates in three markets - Ireland, the UK and Malta. Through each country’s Post Office network, web and telesales channels, GVS offers the most comprehensive range of gift vouchers for an extensive and attractive array of top brands as well as smaller independent retail partners.
About TSYS
TSYS (www.tsys.com) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia-Pacific regions. Based in Columbus, Ga., TSYS (NYSE: TSS) is closely held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine’s “Most Admired Companies” and a member of its “100 Best Companies to Work For” for 10 straight years. For more information, contact news@tsys.com.
Contacts
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com
Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com