| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
177 |
| Employees |
9,600 |
| Revenues (TTM) (Millions $) |
4,103 |
| Net Income (TTM) (Millions $) |
617 |
| Cash Flow (TTM) (Millions $) |
13 |
| Capital Exp. (TTM) (Millions $) |
271 |
Business Description
Total System Services Inc, also known as TSYS, is a multinational payment processing company that provides a broad range of payment processing services and solutions to financial institutions and businesses worldwide. The company was founded in 1983 in Columbus, Georgia, United States, and has grown to become one of the largest payment processing companies globally.
The company's services are divided into four main categories: issuer solutions, acquiring solutions, prepaid solutions, and merchant solutions. The issuer solutions division provides payment processing and related services to financial institutions that issue credit, debit, prepaid, and commercial cards. These services include account management, card issuance, fraud detection and prevention, risk management, and data analytics.
The acquiring solutions division provides payment processing services to merchants, including point-of-sale terminals, payment gateways, e-commerce solutions, and other payment acceptance technologies. The prepaid solutions division offers customized and flexible prepaid card programs, such as gift cards, loyalty cards, payroll cards, and general-purpose reloadable cards.
The merchant solutions division provides merchants with a range of payment acceptance options, including traditional credit and debit card processing, check services, and electronic funds transfer. This division also offers value-added services such as gift and loyalty card programs, NFC payments, and mobile payments.
One of the main strengths of TSYS lies in its technology portfolio. The company has invested heavily in developing advanced payment processing technologies and platforms that enable it to offer its services globally. The company's platforms are scalable, secure, and flexible, making it easy for its clients to integrate and customize payment processing solutions to meet their specific needs.
TSYS operates in more than 80 countries worldwide, with offices in North America, Europe, Asia-Pacific, and Latin America. The company has over 12,000 employees globally and serves more than 800 financial institutions and over5 million merchants worldwide.
In 2019, TSYS was acquired by Global Payments, Inc., a leading provider of technology-based payment solutions, in a merger that created one of the most comprehensive payment solutions providers globally. The merger has enabled the company to expand its global reach, enhance its technology capabilities, and provide an even wider range of payment solutions to its clients.
Overall, TSYS is a leading payment processing company that provides comprehensive payment processing solutions and services to financial institutions and businesses worldwide. The company has a strong global presence, advanced payment processing technologies, and a broad range of payment solutions, making it a trusted partner for financial institutions and merchants seeking high-quality payment processing services.
Company Address: Georgia Columbus 31902 GA
Company Phone Number: 644-4388 Stock Exchange / Ticker: NYSE TSS
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