| Total System Services, Inc. (TSS) is an electronic payment processor of consumer credit, debit, commercial, stored value and retail cards. The Company was established as an outgrowth of an online accounting and bankcard data processing system developed for Columbus Bank and Trust Company. TSYS provides the electronic link between buyers and sellers with a comprehensive online system of data processing services servicing financial and non-financial institutions throughout the United States, Canada, Mexico, Honduras, the Caribbean and Europe, representing more than 245 million cardholder accounts as of December 31, 2002. The Company is 81% owned by Synovus Financial Corp., an asset diverse financial resource company. |
