TSYS Signs Agreement with Caterpillar Financial Services

TSYS announced today it has signed a multi-year payment services agreement with Caterpillar Financial Services Corporation, the financial arm of Caterpillar Inc. Under terms of the agreement, TSYS’ industry leading TS2® platform will be used to process commercial credit accounts.
The agreement also includes TSYS CounterPASS, a Web-based virtual point-of-sale product, as well as internet-based reporting, statement and customer care services to support more than 900 Caterpillar dealer locations in the United States.
“This agreement is a testament to our continued commitment to innovation and customer service, and encompasses an enterprise-wide approach to providing Caterpillar Financial Services with support for its payments business,” said M. Troy Woods, president and chief operating officer of TSYS.
Terms of the long-term agreement were not released.
Source : ME NewsWire
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