Caterpillar FS Uses Tsys for Processing Commercial Credit Accounts
Tsys has signed a multi-year payment services agreement with Caterpillar Financial Services, the financial arm of Caterpillar. Under terms of the agreement, Tsys’ TS2 platform will be used to process commercial credit accounts.
The agreement also includes Tsys CounterPASS, a web-based virtual point-of-sale (POS) product, as well as internet-based reporting, statement and customer care services to support more than 900 Caterpillar dealer locations in the US.
Terms of the long-term agreement were not released.