When Brazil's government deployed financial assistance during the pandemic, thousands of people with no banking access were left without help. Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. Total System Services, Inc. (commonly referred to as TSYS), headquartered in Columbus, Georgia, provides payment processing services, merchant services and related payment services. The Company's services include processing consumer, retail, commercial, and government services, as well as stored value and debit cards. In 1959, TSYS was founded as a division of Columbus Bank and Trust (now Synovus). Visit Payments in Focus, Global Payments' digital publication with expertise and innovation. Here's how TSYS delivered digital payment solutions when they needed it most. In August 1983, the company became a public company via an initial public offering. [9], In May 2011, the company acquired TermNet. [24], "Total System Services, Inc. 2018 Form 10-K Annual Report", "Total System Services, Inc. 2018 Form 10-K Annual Report: Financial Data", United States Securities and Exchange Commission, "Total System Services (TSYS, Inc.) went public on 1983-08-19", "TSYS Acquires Clarity Payment Solutions; TSYS Prepaid Positioned to Emerge as Leading Global Processor for Prepaid Cards", "TSYS Board Approves Agreement with Synovus for Spin-Off", "JPMorgan Chase Selects TSYS for Credit Card Processing", "TSYS Introduces n>genuity in action: n>genSM Initiative for the Next Generation of Payment Solutions", "TSYS Acquires Remaining 49 Percent of First National Merchant Solutions From First National Bank of Omaha", "TSYS buys 60 percent of California firm to boost its merchant business", "TSYS Completes Acquisition of TransFirst", "TSYS becomes 6th largest U.S. merchant acquirer", "TSYS takes over TSYS Managed Services EMEA", "Republicans Are Moving To Scrap Rules That Limit Overdraft Fees", "Credit-card maker adding jobs as it ramps up production at Columbus plant", "TSYS Completes Acquisition of Cayan to Accelerate Its Position as a Leading Technology Payments Provider", "TSYS buys an Inc 5000 fastest-growing company for $13.4M", "Global Payments Completes Merger with TSYS, Creating Preeminent Technology-Enabled Payments Company", https://en.wikipedia.org/w/index.php?title=TSYS&oldid=989103425, Companies formerly listed on the New York Stock Exchange, Financial services companies established in 1983, Financial services companies of the United States, 1983 establishments in Georgia (U.S. state), Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 November 2020, at 01:57. [13], In November 2013, the company announced TSYS Merchant Insights, a partnership with Womply, a San Francisco-based startup, to provide revenue, social media, and reputation analysis tools to all TSYS merchants. It is the largest third-party processor for issuing banks in North America, with a 40% market share, and one of the largest in Europe. Total System Services, Inc. (commonly referred to as TSYS), headquartered in Columbus, Georgia, provides payment processing services, merchant services and related payment services. Total System Services (commonly referred to as TSYS) is a credit card processor, merchant acquirer, and bank credit card issuer. TSYS also offers merchant acquiring services to financial institutions and other organizations. We are all about innovation. And so are we. Why not make these interactions with customers personal and meaningful? Testimonials. It is the largest third-party processor for issuing banks in North America, with a 40% market share, and one of the largest in Europe. It also provides reloadable prepaid debit cards and payroll cards, and demand deposit accounts to the underbanked. Total System Services, Inc. provides electronic payment processing and related services to financial and non-financial institutions. Total System Services was the third, and likely final, acquisition in the payments space during a busy first half for the industry. 10-12% of NetSpend's revenue comes from these fees. [7], In 2008, the company launched n>genuity, a quarterly publication on the world of payments. We offer commercial, residential, and governmental HVAC repairs, maintenance and installation with front-of-the-line service for every customer. [23], On September 18, 2019, Global Payments acquired the company. To keep your comfort up and your costs down, call the team at Total Services! Total System Services, Inc. provides electronic payment processing and related services to financial and non-financial institutions. [18], In February 2017, the company's lobbying of the Republican Party was credited for a bill that would remove the Consumer Financial Protection Bureau's limits on overdraft fees. A one-stop resource for white papers, featured content & industry insights, One TSYS Way Columbus, Ga. 31901-4222 +1.844.663.8797 tel, Innovating in payment security, reporting and e-commerce. About moving the payments industry forward and being involved. Complete Commercial HVAC Care It is a subsidiary of Global Payments. [22], In June 2018, the company acquired Jacksonville, Florida-based iMobile3 for $13.4 million. [3], In 1995, the company merged its merchant processing services with those of Visa Inc.[4], In August 2004, the company acquired Clarity Payment Solutions for $53 million. Innovative payment solutions built with your business in mind. Helping consumers take control over their money. It also provides reloadable prepaid debit cards and payroll cards, and demand deposit accounts to the underbanked. [5], In 2007, Synovus completed the corporate spin-off of TSYS. The remaining 49% stake was acquired in January 2011. [19][20], In late 2017, the company acquired a former Citigroup card production facility in Columbus, Ohio and invested $25 million to build out a second, 200,000 square feet (19,000 m2) credit card production facility, with a capacity to produce 67 million credit cards per year. [11], In December 2012, the company acquired ProPay, a Utah-based company with over 250,000 merchants. Overview Suggest Edit. By far, the prices blow everyone out the water, the service was phenomenal, and Travis went above and beyond to make sure everything was taken care of. We offer competitive advantage. In 1974, it began processing credit cards for other banks. [6], In July 2004, the company began processing the credit cards issued by J.P. Morgan Chase. The world is moving beyond plastic. [14], In June 2014, CEO Philip W. Tomlinson retired and was replaced with M. Troy Woods, then the president and COO. We offer more than technology. We had a brand new system installed today and we love it! Total System Services is one of the most well-established heating, ventilation and air conditioning service companies serving the areas of Boise, Portland, and Seattle. [12], In July 2013, the company acquired Netspend, a prepaid debit card provider, for $1.4 billion. The TSYS Digital Engagement Platform offers convenient packages of cardholder experiences — delivered through your choice of channels — to create and support engaging omnichannel experiences. [15], In April 2016, the company acquired TransFirst for $2.35 billion, making it the 6th largest acquirer in the United States.