TSYS Acquiring Solutions has extended its agreement with Sage Payment Solutions, the payments division for Sage North America.

TSYS is the exclusive provider of authorization, settlement and terminal deployment services for Sage Payment Solutions, and the renewal ensures that the more than 155,000 merchants currently processing payments with Sage Payment Solutions can continue leveraging the flexibility and efficiency of TSYS’ technology.

Mark Pyke, president of TSYS Acquiring Solutions, said: “We are excited that Sage Payment Solutions has renewed its agreement with us. Our partnership with Sage is a prime example of our commitment to building long-term, trusting relationships with our customers.”

Christine Scappa, SVP of operations at Sage Payment Solutions, said: “We have enjoyed a strong partnership with TSYS and are pleased to be continuing our relationship. With its outstanding service and broad product set, TSYS continues to prove why it is a leader in this industry.”

TSYS is a provider of outsourced payment services that offers a range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions.

Sage Payment Solutions provides a range of secure standalone and integrated payment processing solutions.

Sage Exchange, its recently introduced PCI-certified payments platform, integrates with many Sage software products to maximize the value of customers’ business systems with automatically updated credit and debit card transaction information.