TSYS Extends Payments Agreement with HealthEquity
25 April 2016 - 11:00PM
Business Wire
TSYS (NYSE: TSS) announced today that it has signed a long-term
renewal agreement with HealthEquity, Inc. to provide payments
processing services for the company’s healthcare payments
portfolio.
As one of the largest health savings account administrators,
HealthEquity works with a wide variety of employers, diverse in
industry, size, location, and culture. TSYS has provided processing
services for HealthEquity since 2009.
“Our renewed partnership with TSYS will enable us to continue to
grow our business quickly and efficiently,” said Jon Soldan,
executive vice president of Operations at HealthEquity. “We look
forward to working in partnership with TSYS to provide
industry-leading service for our partners.”
“At TSYS, we place tremendous value in long-term commitments
with clients such as HealthEquity,” said Trey Jinks, group
executive of Healthcare at TSYS. “We look to continue providing
HealthEquity with our best-in-class processing platform, innovative
products and superior customer service to help them grow faster
than the market providing the best possible experience to their
clients and plan members.”
As part of the agreement, TSYS will continue to provide
HealthEquity with core payment card processing and related services
such as card and statement production. The HealthEquity portfolio
includes health savings accounts, flexible spending accounts and
health incentive accounts.
About HealthEquity
Founded in 2002, HealthEquity is one of the nation’s oldest and
largest dedicated health savings custodians. The company’s
innovative technology platform and tax-advantaged accounts help
members build health savings while controlling health care costs.
HealthEquity services more than 1.6 million health savings accounts
for 80 health plan partners and employees at more than 32,000
companies across the United States.
About TSYS
TSYS® (NYSE: TSS) unlocks opportunities in payments for payment
providers, businesses and consumers. Our headquarters are in
Columbus, Georgia, USA, and we operate in more than 80 countries
with local offices across the Americas, EMEA and Asia-Pacific.
We provide seamless, secure and innovative solutions across the
payments spectrum — from issuer processing and merchant acquiring
to prepaid program management — delivered through partnership and
expertise. We succeed because we put people, and their needs, at
the heart of every decision. It’s an approach we call
‘People-Centered Payments®’.
Our industry is changing every day — and we’re leading the way
towards the payments of tomorrow. We routinely post all important
information on our website. For more, visit us at tsys.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160425005163/en/
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.com
Total System Services (NYSE:TSS)
Historical Stock Chart
From Apr 2024 to May 2024
Total System Services (NYSE:TSS)
Historical Stock Chart
From May 2023 to May 2024