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June 7, 2018Blog Posts

TSYS Announces Acquisition of iMobile3

Press of Atlantic City

TSYS (NYSE: TSS), a leading global payments solutions provider serving issuers, merchants and consumers, today announced it has acquired iMobile3, a provider of private-labeled, small business solutions within the payments industry. iMobile3 offers unique and customizable payment solutions including award-winning mobile and tablet point-of-sale products, integrated with value added services.

“As the industry continues to evolve, TSYS intends to lead the charge in providing businesses with the best possible tools to compete in today’s hyper-competitive landscape,” said Philip McHugh, Senior Executive Vice President and President, Merchant Solutions, TSYS. “The acquisition of iMobile3 continues to propel TSYS forward to reach our goal of becoming the number one payments solutions provider to small and medium size businesses in the U.S.”

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