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Payments General

TSYS extends payments agreement with Tesco Bank

Wednesday 21 June 2017 | 01:25 PM CET

TSYS has announced the extension of its payments agreement with Tesco Bank to continue supporting the bank’s credit card business in the UK.

Under the agreement, TSYS, a US credit card processor, merchant acquirer and bank credit card issuer, will provide full customer account management services on its TS2 platform.

Tesco Bank was founded in 1997 and aims to be the bank for people who shop at Tesco. The bank provides 8.1 million accounts and policies to customers and offers a wide range of core retail banking and general insurance products to meet customers’ needs.

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