Under this agreement, TSYS will provide services to Elavon Financial Services, a subsidiary of US Bank and the issuer of payment cards in Europe.
TSYS said the US Bank, existing client, will utilize its TS2 Commercial Card platform, which currently supports multiple languages and currencies in several European countries with capability of serving client’s portfolio across more than one continent.
The initial focus of the US Bank is to have Elavon issue cards to customers in the UK, Ireland, France, Germany, Spain and Italy, which will meet the European technology standards, including full chip and PIN capability.
The US Bank plans to provide settlement options in euros and British pound sterling, and will support its customer language requirements in English, French, German, Italian and Spanish.
