Under this agreement, TSYS will facilitate authorization, capture, settlement and related payment services for Caledon’s merchants using TSYS’ interchange system.
Caledon will send its dispute processing functions through TSYS’ dispute and chargeback platforms.
Caledon Card Services is specialized in e-commerce, tokenization and card-not-present (CNP) environments.
Caledon’s full-service processing agreement will leverage TSYS’ platforms with an end-to-end solution for its merchants and partners.
Caledon Card Services chairman Ian Rankin said that when looking for a partner for the settlement and gateway services, Caledon knew it needed a company with technological depth to support its clients’ various needs.
"TSYS easily satisfied these objectives, and we’re confident that we’ll enjoy a long and beneficial relationship," Rankin said.
