American Express Incentive Services Signs Processing Agreement with TxVia
American Express Incentive Services (AEISTM), a prepaid incentive industry leader, has signed an agreement for TxVia, a pioneer in processing technology, to provide prepaid processing platforms based on TxVia’s platform-as-a-service (PaaS) delivery model.
“We had far-reaching requirements including multiple systems integrations to support our broad range of products and configurations,” said Russell W. Yergensen, chief financial officer (CFO) of AEIS. “TxVia’s PaaS model will support current functionality of American Express merchant network, thus offering a seamless transition to our clients, merchants, and cardholders. The PaaS offering allows us to fully upgrade our current platform and product needs and positions us well for the future as we continue to evaluate new opportunities to ensure robust offerings for our clients.”