Paymentsite Blog

Maas Global Solutions Expands Payment Processing Services

Posted on Thu, Jan 20, 2011 @ 02:28 PM

Maas Global Solutions Expands its Suite of Payment Processing Services by Signing a Third Party Organization Marketing Agreement with TSYS Merchant Solutions

Maas Global Solutions Corporation today announced it has signed a TPO Marketing Agreement with TSYS Merchant Solutions, LLC and will begin to offer their full suite of credit card processing services to U.S.-based businesses beginning immediately.

Las Vegas, NV (Vocus/PRWEB) January 20, 2011

This commitment is part of Maas Global Solutions’ corporate strategy to create a high volume, highly available and imminently secure transaction-processing platform dedicated to providing state of the art transaction processing services to businesses around the world. This new relationship will also enable MGS to offer its Agents, Sub-ISO’s and our own base of customer’s additional payment network connectivity options while keeping our rates universally competitive. The addition of TSYS Merchant Solutions’ processing services further expands the best-in-class capabilities of our wholly owned and operated Paymentsite Payment Platform and facilitates the delivery of the Company’s innovative electronic payment solutions, further strengthening MGS’s position as a major player in the Transaction Processing industry.

This agreement with TSYS Merchant Solutions offers MGS, and by extension, our partners and customers the following: 

  •     A more complete range of payment processing solutions that enables the targeting of a wide range of businesses
  •     Comprehensive sponsorship into all the major payment card networks
  •     Connectivity to the FNA network for authorizations via the Internet and TSYS for authorizations via terminal solutions.
  •     Online Application support to ensure accuracy and timeliness of new account set-ups
  •     Faster application approvals
  •     State-of-the-art underwriting and risk monitoring technologies

 

In support of this new relationship, MGS offers a multi use Online Application where brick and mortar and online merchants can quickly and easily sign up to accept Visa®, MasterCard®, Discover®, American Express® and/or ACH / Check processing services along with Paymentsite, our proprietary Payment Gateway & Virtual Terminal.

Paymentsite connects businesses to the TSYS Merchant Solutions Payment Processing network and provides the secure and reliable infrastructure necessary for safe and accurate transmission of transaction data. In the retail environment, Paymentsite operates just like a traditional point of sale credit card terminal however it connects via the Internet instead of a phone line. Unlike simple credit card terminals that may only connect to a PIN pad for Debit transactions, Paymentsite also supports check readers to automate acceptance of paper checks in both the front and back office.

Merchants log into a secure Paymentsite web site to generate reports, manage transactions, view and configure account settings, review account statements and much more.    There is no software to buy or maintain and the cost is generally less than most merchants pay to rent a credit card terminal.

MGS has also developed “purpose built” payment portals for schools, property managers and B2B businesses that operate in both the retail and ecommerce environments.

About Maas Global Solutions (MGS): has been providing transaction-processing solutions since 1989 where we participated in the pre-Internet small network world by installing networks, hardware and software solutions as well as custom software development for both retail and wholesale business models. Throughout the initial Internet growth period we integrated business systems, processes and external partner systems into a common fabric leveraging the Internet as part of the network. Today, we are actively participating in the second wave of Internet growth- the formalization of the Internet as a strategic part of any company infrastructure.

In the late 1990’s Troy Maas, our founder with his team of engineers built the LinkPoint Payment Gateway for Cardservice International, the first truly high volume, high availability Internet Payment Gateway that is now the First Data Global Gateway. MGS brought the key players from that effort back together to build the Paymentsite product set focused on bringing market success to both MGS and our reseller partners.

MGS owns and operates a technologically advanced data center that is Payment Card Industry (PCI) Level I, SAS 70 and Health Insurance Portability and Accountability Act (HIPAA) certified, with a 2nd fail-over data center capable of maintaining operations.

Maas Global Solutions Corporation is a registered ISO/MSP of First National Bank of Omaha, Omaha, NE

TSYS Merchant Solutions is a top 10 payment processor providing unmatched service and solutions to businesses across North America. For more than 50 years, customers have relied on our expertise and dedication to meet their long-term business and processing needs.

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Tags: Press release, partners