TSYS Signs Healthcare Payments Agreement With Acclaris, Inc.

TSYS Healthcare announced today that it has signed an agreement to provide benefit card processing and other services to Acclaris, Inc. The partnership provides solutions for consumer-driven healthcare offerings, flexible spending accounts and other reimbursement account administration for health plans, third-party administrators, outsourced human resource organizations and banks. Acclaris will take advantage of TSYS Healthcare’s leading processing capabilities that enable card functionality never before available in the industry.

“The market demands options and flexibility, and Acclaris is focused on meeting those needs,” said Bob Lopes, chief executive officer, Acclaris. “The partnership with TSYS will continue to strengthen and provide flexibility to an already robust product offering from Acclaris.”

“This integrated payment solution provides a world class alternative for plan administrators who need more functionality in their benefit card programs. As these programs continue to grow in numbers and complexity, TSYS continues to lead the way with our ability to support sophisticated plan designs on a single benefit card,” said Trey Jinks, group executive, TSYS Healthcare. “With our focus on client-driven innovation, we're pleased to bring this unique solution to the healthcare sector, continuing our long-term commitment to this industry.”

About Acclaris

Acclaris is the leader in enterprise solutions delivering private labeled cloud technology and on/off shore operations that power consumer driven health, health exchanges, and other consumer reimbursement accounts for health plans, TPA’s, HRO’s and banks. Through our clients we serve more than 15,000 employers and 1.8 million active account holders. Acclaris drives profitable growth, greater agility, and higher member satisfaction for clients. Visit our website at www.acclaris.com.

About TSYS Healthcare

TSYS Healthcare, based in Columbus, GA, was created as a division of TSYS in 2007 to provide end-to-end solutions tailored to the emerging market of consumer-directed healthcare. TSYS Healthcare is a founding member of the Special Interest Group for IIAS Standards (SIGIS), formed in 2007 to enable real-time, auto-substantiation for eligible medical items purchased with a FSA/HRA payment card. The division provides financial institutions, insurers, participants and third-party administrators (TPAs) with the expertise and support to navigate all aspects of health savings accounts (HSAs), health reimbursement accounts (HRAs), flexible spending accounts (FSAs) and lines of credit and rewards. Its new processing model enables consumers to use a single card to access their healthcare dollars.

About TSYS

At TSYS, (NYSE: TSS), we believe payments should revolve around people — not the other way around. We call this belief "People-Centered Payments SM." By putting people at the center of every decision we make, with unmatched customer service and industry insight, TSYS is able to support financial institutions, businesses and governments in more than 80 countries. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for those in the global marketplace to conduct safe and secure electronic transactions with trust and convenience.

TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, is a Fortune 1000 company and was named one of the 2012 World's Most Ethical Companies by Ethisphere magazine. For more information, please visit us at www.tsys.com.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX