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TSYS signs payments agreement with Optal

Friday 28 October 2016 | 08:47 AM CET

TSYS has announced that it has signed a payments agreement with Optal Financial Limited, one of Europe’s virtual card issuers. 

Under the agreement, TSYS will process authorisations for Optal’s significant virtual payments card business.

With offices in Australia, UK and Hong Kong, Optal is a worldwide company that provides end-to-end B2B payments services. Their products include virtual account numbers (VANs) that ensure supplier payments are processed quickly and safely, enabling automated reconciliation at the point of sale.

No terms of the long-term agreement were announced.

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