Business

Global Payments sells TSYS of Columbus in multibillion-dollar deal. What to know

Global Payments announced a multibillion-dollar sale of the former Columbus-based TSYS to a major financial technology company Thursday.

The American fintech company sold Issuer Solutions, formerly known as TSYS, to Fidelity National Information Services (FIS) for $13.8 billion. In exchange, FIS sold its stake in Worldpay, a payment technology company, to Global Payments for $6.6 billion. The deal will close in the first half of 2026.

It’s unclear how this acquisition will affect employees. FIS and Global Payments did not answer that question from the Ledger-Enquirer before publication.

FIS is headquartered in Jacksonville, Florida, and has approximately 57,000 employees across 61 countries, according to the company’s website. Global Payments, headquartered in Atlanta, has approximately 27,000 worldwide, according to its website. The Greater Columbus Chamber of Commerce lists Global Payments as having approximately 2,600 TSYS employees.

“Today’s announcement is a significant win for all companies involved, and one that will benefit clients and consumers,” Stephanie Ferris, chief executive officer and president of FIS, said in the investors conference call. “We’re very excited to be partnering with Global Payments moving forward.”

Global Payments merged with TSYS in 2019, announcing in its news release that TSYS will bring “complementary issuing solutions” to the company’s pre-existing acquiring services. The Issuer Solutions branch did not exist in Global Payments until the merger.

Issuer Solutions processes more than 40 billion transactions annually and maintains strong partnerships with over 170 financial institutions and corporations, FIS’ news release says.

This story was originally published April 17, 2025 at 11:28 AM.

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Jordyn Paul-Slater
Columbus Ledger-Enquirer
Jordyn Paul-Slater is the business and engagement reporter at the Ledger-Enquirer. Her work has appeared in publications such as Reuters, Fast Company and The New York Observer. She completed her master’s degree in specialized journalism at the University of Southern California and earned her bachelor’s degree in journalism from George Washington University. 
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