Total System Services Inc. (TSS) announced that it has signed Axia Payment Solutions a payments hardware and software supplier. Under the terms of the new agreement, Axia will use Total System Services' end-to-end business solutions to grow and manage its merchant base.
As part of the agreement, Axia will now be able to offer its merchants the technology developed by Infonox, a TSYS company, including the TransIT platform, a full-service processing backbone, and TranSending, a convenient Web-based, data-entry tool that streamlines the portfolio management process.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.