BancVue, a product development and marketing company focused on community financial institutions, has entered into a strategic partnership with Total System Services (TSYS), an outsourced payment services provider to bring electronic payments platform to marketplace.

Under the agreement, BancVue will offer TSYS’ electronic payment services to community financial institutions.

However, the new product plans are expected to be announced in the near future by BancVue.

TSYS uses latest equipment and systems to provide production output for its clients in a various programs, including credit, debit, commercial, private-label, prepaid and loyalty.

BancVue CEO Gabriel Krajicek said that this partnership will go a long way toward supporting our mission of bringing innovative and market-ready products that empower BancVue’s clients to offer card products that are competitive with the megabanks.

TSYS Program Solutions group executive Bill Hunt said that the relationship is based on two companies’ common mission to deliver nothing but the best products and services to our clients.