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AEDNews - Construction Equipment Industry News TSYS Signs Agreement with Caterpillar Financial Services TSYS announced last week it has signed a multiyear 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. About TSYS TSYS (NYSE: TSS) 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, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site. Article Date: 01-25-2010 Source: TSYS Copyright(C) 2010 Associated Equipment Distributors. All Rights Reserved. | ||||||
AEDNews is the weekly electronic newsletter published by Associated Equipment Distributors, providing the construction equipment distribution industry with timely news and information related to the equipment business.