TSYS was chosen by Degussa Bank for card processing in Germany

TSYS has entered into a multi-year payment services agreement with Degussa Bank of Germany to provide a broad range of products and services for its corporate and business clients.

Degussa Bank selected TSYS’ highly specialised TS2® commercial card platform and other proprietary card management tools after thorough evaluation process that included both global and German-market processors.

The conversion is planned for the first half of 2010 and will further expand TSYS’ presence within the German market.

“Servicing Degussa Bank further enhances TSYS’ reputation within the German market,” said Bob Evans, group executive of TSYS International. “Germany is a key market for TSYS and provides a great foundation to further show TSYS’ commitment to Europe as we continue to expand across the region.”