We have recently learned that TSYS has raised the PCI non-compliance fee to $125 per month beginning December 2019. Below is a screenshot from a TSYS merchant’s November 2019 statement advising of the increase:
All TSYS merchants likely received the same statement message.
In our blog post covering Heartland’s PCI non-compliance fee rising to $125.00 per month, we also mentioned that Heartland’s parent company, Global Payments, recently announced a merger with TSYS.
The merger was completed on September 2019, and we’ve already seen the TSYS non-compliance fee raised to $125.00. It is possible TSYS merchants will see additional rate and monthly/annual fees introduced.
We will continue to share industry stories, rate increases and fee changes.
Please contact statements@indigopayments.com with questions.