Under the terms of the agreement, Axia is set to employ TSYS’ business solutions in order to manage its merchant base. As part of the agreement, Axia’s merchant customers will be able to access technology developed by Infonox, a TSYS company. This includes the TransIT platform, a full-service processing offering, and TranSending, a web-based, data-entry tool that enhances portfolio management processes.
Axia markets and sells merchant programs that include hardware and/or software for electronic credit and debit processing, as well as for ACH programs and other forms of payment processing.
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