Companies

TSYS to Provide Virtual Payment Solution for J.P. Morgan Commercial Card Business

“TSYS (NYSE: TSS) announced today that J.P. Morgan will offer TSYS’ Virtual Payment PreceptSM (VPP), a strategic commercial card payables solution to corporations. TSYS’ VPP enables the generation of secure, virtual, single-use account information in real-time with more control over account and transaction parameters. It will allow J.P. Morgan to broaden their virtual card solution through issuance on both the Visa® and Mastercard®networks.”