TSYSÂ® (NYSE: TSS) announced today it will expand the TSYS Enterprise TokenizationSM solution to process tokenized transactions made using Android Pay.
TSYS Enterprise Tokenization is a plug-and-play solution that enables issuers to offer digital mobile payment technologies to customers and the merchants that accept them. TSYS maintains active dialogue across the industry and consistently invests in solutions to support the evolving digital commerce landscape.
This includes payment brands, smartphone providers and payment platforms such as Android Pay which is enabled by the Android operating system. Android Pay began rolling out gradually on September 10 and will continue across the next few days.
TSYS´ new Host Card Emulation (HCE) solution enhances its existing TSYS Enterprise Tokenization solution to empower mobile payment solutions like Android Pay. It allows payment card information to be stored in the cloud and transferred by a tap of the mobile device at the merchant terminal.
TSYS headquarters are in Columbus, Ga., USA., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World´s Most Ethical companies by Ethisphere magazine.