Wednesday, March 27, 2019
TSYS, T-Mobile launch all-in-one SMB solution
T-Mobile USA Inc. and TSYS partnered to remove friction and expand services to small and midsize business owners. GoPoint by T-Mobile for Business, launched March 26, 2019, is an mPOS solution designed to help SMBs grow and scale. Noting that SMBs have been overcharged and underserved, T-Mobile and TSYS disclosed plans to change the paradigm by deploying VIP services across this growing market segment. Participating merchants will have access to same-day funding and a range resources, tools and services, the companies stated.
Mike Katz, executive vice president of T-Mobile for Business, said T-Mobile wanted to offer an alternative to never-ending fee structures that mobile POS providers typically impose on SMBs.
“Not surprisingly, paying fees on top of fees and waiting days for their hard-earned money is a big pain point, particularly for small businesses,” Katz said. “That’s why the Un-carrier is doing payments differently, with free same-day funding, no software licensing fees and 24/7 live support from real people.”
Philip McHugh, senior executive vice president and president of TSYS Merchant Solutions, concurred, stating that managing payments can be complex for SMBs.
“T-Mobile chose our point-of-sale platform to power GoPoint because of our deep knowledge and expertise in the payments industry,” McHugh said. “Together, we are solving critical issues that small and medium size merchants face, while bringing simplified payment solutions to businesses that not only manages day to day tasks, but also helps them grow their business.”
Customer-first focus
GoPoint for Business, powered by TSYS, will leverage TSYS’s Vital software, a POS solution TSYS launched earlier this year, and process transactions through the TSYS Propay gateway. TSYS and T-Mobile representatives said the solution will streamline efficiencies, enabling SMBs to focus on their core businesses.
The T-Mobile for Business service includes T-Mobile for Business Marketplace, a new marketplace model with affordable mobile device management, productivity solutions and live customer support, the partners noted. Marketplace Advisors provide onboarding guidance and product expertise for a range of business management software, such as Microsoft Office 365, Intuit QuickBooks Online, DocuSign Business Pro, IBM MaaS360 and VMware AirWatch Express.
T-Mobile pointed out that up to 99 employees per merchant can use GoPoint tools, reporting and insights to manage transactions, inventory and customer relationships. The service is compatible with T-Mobile ONE smartphones and tablets and GoPoint payment card readers.
As payments are becoming more mobile, merchants and consumers need portable solutions that are unaffected by power or Internet outages. GoPoint provides affordable, business-critical mobile device management, productivity software and continuous support, the partners stated.
Editorial Note:
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
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