TSYS definition
Examples of TSYS in a sentence
TSYS Acquiring Solutions, LLC has a relationship with American Express Travel Related Services Company, Inc.
Merchant acknowledges and agrees that Member Bank, ISO, Processor and their affiliates have no obligation or liability whatsoever for: (1) products or services provided under the TMS Equipment Agreement, or (2) any actions or omissions of TSYS Merchant Solutions, LLC (“TMS”) with respect to the TMS Equipment Agreement.
This Agreement becomes effective when the first Entry is initiated by TSYS, through its Third-Party Sender where applicable, on behalf of Merchant.
Merchant is solely responsible for maintaining adequate security and control of any and all IDs, passwords, or any other codes that are issued to Merchant by TSYS or its suppliers.
If a Debit for TSYS's fees is returned or uncollectible for a period of three days after its transmittal, TSYS may cease providing Services for Merchant and will be excused from the performance of all its obligations hereunder until the fees and all service charges with respect thereto have been paid in good funds.