Full-Time
Updated on 8/22/2026
Payment processing, gateways, and card services
No salary listed
Cologne, Germany
Hybrid
Hybrid work arrangement in Cologne.
Master's
See people who can refer or advise you
TSYS provides payment processing and related solutions to banks, merchants, and consumers. It works through three segments—Issuer Solutions, Merchant Solutions, and Consumer Solutions (Netspend)—to handle card and POS processing, mobile payments, and online gateways such as MultiPASS and Authorize.Net, with fraud management and analytics to support secure transactions. The company moves electronic payments between card networks, issuers, merchants, and consumers across in-person, online, and mobile channels. It differentiates itself with a large North American footprint (about 40% market share for third-party issuer processing), an integrated ecosystem built through acquisitions and a merger, and scale serving millions of merchants and hundreds of institutions worldwide. Its goal is to provide a complete, secure payments infrastructure that enables broad reach and omnichannel payment options for issuers, merchants, and consumers.
Company Size
5,001-10,000
Company Stage
Acquired
Total Funding
$35B
Headquarters
Columbus, Georgia
Founded
1983
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Paid Vacation
401(k) Retirement Plan
Employee Referral Bonus
Paid Holidays
Tabit unifies card-present and ecommerce transactions, strengthening its payments foundation with MagTek hardware and Magensa Unigate gateway. Jul 27, 2026, 09:05 ET Global AI hospitality platform adopts a single, purpose-built payment solution, backed by remote device management and a lifetime device warranty, to power its next phase of growth. SEAL BEACH, Calif., July 27, 2026 /PRNewswire-PRWeb/ - MagTek, a global leader in secure payment technology and security solutions, and Tabit, a global hospitality commerce and AI platform, today announced that Tabit has moved its payment hardware and gateway processing to MagTek's DynaFlex secure card readers and the Magensa Payment Protection Gateway via Unigate (Unigate). The move consolidates Tabit's payment infrastructure, giving the company a more reliable, streamlined foundation for both card-present and online transactions across its global operations. As part of the transition, Tabit integrated its POS with the DynaFlex II Go, a mobile payment device built on MagTek's newest hardware platform. The device is engineered around AES-256 encryption, the highest security standard in the industry, giving Tabit and its customers additional peace of mind with every transaction. DynaFlex II Go has been widely adopted by the industry's leading case manufacturers, who design enclosures for iOS, Android, and Windows devices, making it easy and reliable for restaurants to bring mobile POS and payments directly to the table. Beyond payments, the DynaFlex II Go platform also supports non-payment NFC use cases, including MIFARE, NTAG, Apple VAS and Google SmartTap, DynaCast (for delivering receipts, surveys, and other content to a guest's mobile device), access control, and mobile driver's license (mDL) reading, making it one of the most versatile hardware platforms in the industry. As Tabit's footprint grew, the opportunity to simplify became clear: a single, unified partner for both hardware and gateway services would streamline development, speed up certification for new processors, and give the team a clearer picture of performance across every transaction. With Magensa Unigate, Tabit now runs card-present and card-not-present transactions through a single integration to its major processors and acquirers, including Fiserv, TSYS, WorldPay, and Elavon. The consolidation gives Tabit one unified view into all of its transactions, regardless of processor or payment channel, and a simpler path to supporting new processors and payment types going forward. Because MagTek both manufactures the DynaFlex hardware and develops the Magensa Unigate gateway, the solution is engineered and supported as a single, tightly integrated stack rather than a pairing of separate vendors' products. Beyond the core hardware and gateway consolidation, Tabit adopted two additional MagTek services to extend the value of the solution. The Reader Management System (RMS), an API that integrates device management directly into Tabit's restaurant AI POS, and allows firmware updates and configuration changes to be pushed to devices remotely in a lights-out environment, reducing support costs and keeping devices running at optimal performance. Tabit also adopted MagCare, which provides a lifetime warranty on MagTek devices along with simplified administration of returns and replacements (RMAs), allowing both Tabit and its merchants to focus on their customers rather than hardware logistics. "The future of hospitality belongs to intelligent software, not payment complexity," said Nadav Solomon, Co-Founder and President of Tabit Technologies. "Our role is to help restaurants leverage AI to operate more efficiently and create exceptional guest experiences, while remaining free to choose the payment partners that best serve their business. Consolidating our payments infrastructure with MagTek gives us a stronger technical foundation so we can innovate faster, simplify operations, and continue delivering an open, enterprise-grade platform for the hospitality industry." Tabit's move to MagTek and Magensa reflects a broader shift among hospitality and restaurant technology providers toward consolidated payments infrastructure, as operators look to reduce the complexity, cost, and support overhead of managing hardware and gateway relationships across multiple vendors. "Tabit has built one of the most thoughtful mobile-first platforms in hospitality, and we wanted our payments technology to match that same level of craftsmanship," said Rod Vesling, Senior Vice President of Magensa. "By bringing our hardware and gateway together under one roof, we're giving Tabit a single, tightly integrated foundation to build on - so their team can stay focused on what they do best: creating a seamless experience for restaurants and their guests." To see the full solution in action, visit MagTek at booth #910 and Tabit at Booth #537 at RSPA's RetailNOW event, July 26 - 28, 2026 at Ceasar's Forum Conference Center, Las Vegas, NV. To learn more about MagTek visit www.magtek.com, email [email protected], or call 562-546-6400. About MagTek Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission, and security of cards, barcodes, checks, PINs, and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its hardware products include secure card reader/authenticators, Qwantum secure cards, token generators; EMV Contact Chip, EMV Contactless, barcode and NFC reading devices; encrypting check scanners, PIN pads, and credential personalization systems. These products all connect to Magensa, a MagTek owned gateway that offers businesses the ability to securely process transactions using authentication, encryption, tokenization, and non-static data. At MagTek, Janwoodgroup don't outsource security. Its USA-based headquarters in Seal Beach, CA house its engineering, key injection, device management, production, sales, quality, and final assembly departments. Please visit www.magtek.com to learn more. About Tabit Technologies, Inc. Tabit Technologies is a global hospitality commerce and AI platform powering some of the most demanding restaurant, hotel, and entertainment operations in the world. Purpose-built for full-service and upper-market hospitality, Tabit delivers a mobile-first, cloud-native ecosystem that combines POS, payments orchestration, kitchen operations, guest engagement, online ordering, loyalty, and AI-driven operational intelligence into a unified platform. Trusted by innovative hospitality brands globally, Tabit supports restaurants and hotels ranging from boutique concepts to large-scale enterprise groups, including luxury hospitality destinations, major airport operators, and multi-location restaurant organizations across North America, Australia, and Israel. For more information about Tabit's product suite, visit Tabit.cloud. Tabit Technologies, Inc. 19495 Biscayne Blvd, Suite 802 Aventura, FL 33180 1-833-822-4887 Media Contact SOURCE MagTek
FIS®, a global leader in financial technology, today announced the completion of its acquisition of Global Payments' Issuer Solutions business, formerly known as TSYS.
Merger of equals creates the preeminent technology-enabled payments company with extensive scale and unmatched global reach
With its $50-million acquisition of Sunnyvale, Calif.-based software house Infonox Inc., TSYS Inc. h
A $22 billion acquisition is a tough act to follow. But TSYS-parent Global Payments is betting big on its $600 million synergy target as it pushes forward with the $22.7 billion acquisition of Worldpay, a move that is expected to shake up the competitive dynamics in merchant services and payments technology. The acquisition, announced in April and expected to close in the first half of 2026, will see Global Payments divest its Issuer Solutions business to FIS for $13.5 billion, sharpening its focus as a pure-play merchant solutions provider. The combined entity will serve more than 6 million customers in 175 countries, processing $3.7 trillion in annual payment volume and 94 billion transactions — a scale that positions the company among the world’s largest payment processors. Central to the strategic rationale is an ambitious plan to realize $600 million in annual run-rate cost synergies within three years of closing. According to Global Payments, roughly a third of these savings will come from consolidating technology infrastructure and eliminating duplicative vendor and software spend