Further terms of the agreement have not been disclosed.
Priority Payment Systems president and CEO John Priore said the partnership will enable the company to boost its processing capabilities by leveraging TSYS’ products and platforms.
"TSYS’ people, their dedication to their clients and their well-known business integrity will further enable Priority to provide leading-edge service and technology," Priore added.
Founded in 2005 and based in Alpharetta, Georgia, Priority Payment Systems operates as an independent sales organization (ISO) in the electronic payments industry in the US.
Its unique transaction platforms support both business-to-consumer and business-to-business transactions, claims the company.
Headquartered in Columbus, Georgia, with local offices in Americas, EMEA and Asia-Pacific, TSYS operates in 80 countries across the globe and provides merchant payment-acceptance services among others.
