Global payment services company TSYS has enabled its front-end authorisation and capture as well as back-end clearing and settlement platforms to process American Express OnePoint transactions.

American Express OnePoint provides merchants with a source for statements, settlements and customer services for various card brands. Under the agreement, TSYS is set to provide payment processing services to merchants on behalf of American Express for American Express card transactions.

In recent news, TSYS has inked a long-term contract with US-based financial holding company BancorpSouth. As part of the deal, TSYS is set to process BancorpSouth’s debit card, consumer and commercial credit card portfolios with a conversion scheduled for early 2012. Additionally, TSYS will also provide card and statement production as well as fraud prevention services.