TSYS® ensures its processing platforms, products and services enable full compliance with payment industry mandates as well as legislative and regulatory requirements across all regions. As a trusted business partner, TSYS supports our clients’ compliance efforts within the electronic payments industry, providing them with an opportunity to benefit from our skilled industry expertise and processing capabilities as they maneuver through the growing complexity of compliance management.
Benefits include:
- Reduced costs for the implementation of semi-annual payment brand compliance releases as well as other industry initiatives to include legislative and regulatory requirements
- Access to existing Visa® Canada and MasterCard® Global Chip Card (EMV) certification
- Full integration with all ancillary systems – to include but not limited to – portfolio management tools, fraud tools, collections database, rewards and loyalty tools
- Compliant solutions through risk mitigation technology for key portfolio management tools;
- Compliance support for managed services to include call center functions, collection and recovery efforts as well as dispute resolution handling
- Point-of-sale solutions for various payment channels that are fully compliant with industry mandates and regulations
- Output services for statements (foreign language and brail), letters, correspondence and plastics (chip card, mini-cards, etc)
With the increasing risks of today’s global economy and the challenging complexity of new European (Payment Services Directive) and U.S. Regulatory Compliance Requirements (Reg Z – Truth in Lending and Reg AA – Unfair and Deceptive Acts or Practices), our in-depth industry experience and proven leadership supports our enterprise approach to compliance. From the merchant customer to the cardholder statement, TSYS provides financial institutions with the global, technical solutions required to grow their business in this ever-competitive payments landscape.
For more information, contact your TSYS client representative or click on the following link: