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TSYS’ German M-Payments Report Released: Highlights Growing Importance of M-Payments

Nov 30, 2015

COLUMBUS, Ga., U.S., and FRANKFURT, Germany, 30 November, 2015 — TSYS (NYSE: TSS) has today published its inaugural German M-Payments Consumer Research Report. This report includes information on key consumer m-payment preferences and insights on a range of popular industry topics.

TSYS conducted quantitative research from more than 500 German consumers, covering diverse demographics, including gender, age and income. The respondents were over the age of 17, had at least one debit card and one credit card, as well as a mobile phone.

"Our research has shown that German consumers expect in-store m-payments — those made at physical, bricks and mortar stores with mobile phones — to be an integral part of their shopping in few years," said Davide Richetta, German business expansion, TSYS International. "In line with TSYS' belief in people-centered payments, we continue to research how consumers' payment choices are changing and this report provides some insight into the growing importance of m-payments in Germany."

Key findings from the research include the following:

  • More than sixty-nine percent of respondents expressed interest in using m-payments online if security and fraud protection of their personal information were guaranteed by their financial institution.
  • Seventy-four percent of respondents do not think security is a benefit when using m-payments in-store. 
  • Sixty-nine percent of the respondents are likely to use m-payments for in-store purchases in the next two years.
  • Bank branches are still the preferred channel over an m-banking app for the German consumer.

The report is available online at: http://tsys.com/GermanM-Paymentssurveyreport/.

About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS' headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, visit us at www.tsys.com.

Contacts:
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com

Victoria Winn
TSYS International
+44.1904.562.577
victoriawinn@tsys.com