COLUMBUS, Ga., 7 May, 2018 — TSYS (NYSE: TSS) today announced it has signed an agreement with 118 118 Money  

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TSYS Signs Agreement with 118 118 Money to Provide Payment Services to the UK lender’s Credit Card Program

May 7, 2018

COLUMBUS, Ga., 7 May, 2018 — TSYS (NYSE: TSS) today announced it has signed an agreement with 118 118 Money to support the UK lenders' new consumer credit card program. 118 118 Money is adding a credit card product to complement its existing loan products and chose TSYS to help bring this product to market due to its innovative credit card solutions and commitment to deliver these services in 2018. In addition to card processing services, TSYS will also provide customer service support and fraud and risk management services.

“The launch of the 118 118 Money Card signals a move from the brand to update its product offering to account for the needs of the digitally-savvy generation. In addition to this, we see it as being hugely vital to rebuild the level of trust between financial service providers and the everyday consumer by shaking-up the industry and challenging existing norms,” said James Poole, Chief Marketing Officer at 118 118 Money.

“The 118 118 Money Card sets out to do just that. Based on insights from our customers on what they want from their financial services provider, the unique new proposition has been designed and developed to address the needs for transparent and simple credit in the UK, while remaining extremely accessible and easy-to-use,” continued Poole. “We anticipate the introduction of this new type of model as being the first step in enacting widespread positive changes in the industry as we seek to inspire a more financially responsible Britain.”

“TSYS supports 118 118 Money’s goal to be the financial services provider of choice for near-prime customers in the UK,” said Rene Kruse, Group Executive and Managing Director of International Markets, TSYS. “We feel 118 118 Money’s experience as a lender combined with our expertise in the payments world, will create a successful relationship for years to come.”

Terms of long-term agreement were not released.

About TSYS
TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.

Our headquarters are located in Columbus, Ga., U.S.A., with approximately 12,000 team members and local offices across 13 countries. TSYS generated revenue of $4.9 billion in 2017, while processing more than 27.8 billion transactions. We are a member of The Civic 50 and were named one of the 2018 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit

About 118118 Money
118 118 Money Keeps Britain Running! Life is sometimes messy, unpredictable and surprising — that’s where we come in. We provide personalised financial solutions so that you can handle whatever lands in your path, to get back out there and get on.

Launched in 2013, we came to shake up the traditional UK financial services industry with our unsecured personal loan product. Always looking to challenge the status quo, we also recently launched the 118 118 Money Card, the first ever subscription-based credit card on the market.

We pride ourselves on giving you the tools, resources, and products you need to embrace good financial habits and help build your credit score. Our customer-centric approach has helped over 100,000*UK customers so far and has resulted in a five star Trustpilot rating.**

We are dedicated to providing better financial options today, so you can build a better future for tomorrow. From loans to credit cards, our financial solutions ensure you can handle whatever lands in your path, so you can get on with your life.

More information on loans and credit cards can be found on our dedicated pages.

*Information correct as of March 2018
**Trustpilot reviews are all from real 118 118 Money customers. These include both customers we invite to review us as well as those who choose to proactively review us.

Cyle Mims
TSYS Media Relations

Shawn Roberts
TSYS Investor Relations