Tsys and Planet Payment Extend Multi-currency Processing Contract

Planet Payment and Tsys have agreed a multi-year extension of their multi-currency processing contract. Under the agreement, Tsys Acquiring Solutions will continue to offer Planet Payment’s Dynamic Currency Conversion and multi-currency pricing solutions to its customers.

“Our multi-currency products, powered by Planet Payment, provide acquirers and ISOs [independent sales organisations] with innovative solutions that drive additional margin on existing transactions,” said Mark Pyke, president of Tsys Acquiring Solutions. “The products also provide merchants with powerful marketing and customer service tools to attract and close more sales from their international clientele.”

With Dynamic Currency Conversion, international MasterCard and Visa card customers can pay in their home currency at the point of sale (POS) – providing greater convenience and clarity, while eliminating the guesswork associated with international payments.