Columbus-based payment services company TSYS will begin processing prepaid Visa cards for the Japanese market by July.
TSYS will provide the cards to Travel Bank Inc., the financial services arm of Japan’s largest travel agency group, the JTB Group, according to a TSYS press release.
Travelers are starting to use prepaid credit cards more frequently, said TSYS International President Gaylon Jowers Jr.
“Prepaid cards are a trusted alternative to travelers’ checks in many countries, and the number of issuers that are interested in prepaid cards is increasing worldwide,” Mr. Jowers said.
TSYS’s Japan subsidiary offers payment services for debit, credit, retail gift, loyalty and prepaid card products to a variety of industries.
Visit www.tsys.com for more information.