8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

April 1, 2010

Date of Report (Date of Earliest Event Reported)

Total System Services, Inc.

(Exact Name of Registrant as Specified in its Charter)

Georgia	1-10254	58-1493818
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One TSYS Way, Columbus, Georgia 31901

(Address of principal executive offices) (Zip Code)

(706) 649-2267

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

As previously announced, Total System Services, Inc. (“TSYS”) and First National Bank of Omaha entered into an Investment Agreement pursuant to which TSYS would purchase a 51% interest in First National Bank of Omaha’s merchant acquiring business for approximately $150.5 million. Effective 12:01 a.m. Eastern Time on April 1, 2010, First National Bank of Omaha and TSYS, through a wholly-owned subsidiary, consummated the sale transaction. TSYS issued a press release regarding the consummation of the sale transaction on April 1, 2010, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit
No.	Description
99.1	TSYS’ press release dated April 1, 2010

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Signature

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TOTAL SYSTEM SERVICES, INC.
Dated: April 1, 2010	By:	/s/ Kathleen Moates
		Kathleen Moates
		Senior Deputy General Counsel

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EX-99.1

Exhibit 99.1

Total System Services, Inc.	PRESS RELEASE
One TSYS Way
Post Office Box 2567
Columbus GA 31902-2567
+1.706.649.2307 / +1.706.649.5740
www.tsys.com

For immediate release:

Contacts:

Cyle Mims	Shawn Roberts	Kevin Langin
TSYS Media Relations	TSYS Investor Relations	Director of Public Relations
+1.706.644.3110	+1.706.644.6081	+1.402.602.3541
cylemims@tsys.com	shawnroberts@tsys.com	klangin@fnni.com

TSYS and First National Bank of Omaha
Finalize First National Merchant Solutions Joint Venture

Columbus, Ga., April 1, 2010 — TSYS (NYSE: TSS) and First National Bank of Omaha (FNBO) announced today the consummation of their joint venture transaction pursuant to which TSYS acquired a 51% interest in FNBO’s merchant acquiring business for approximately $150.5 million. FNBO retained a 49% interest in the newly formed company, First National Merchant Solutions, LLC (FNMS).

     FNMS previously operated as a subsidiary of FNBO and offers merchant acquiring services, transaction processing and business and value-added services, as well as Visa^®- and MasterCard^®-branded prepaid cards. Ranked as the 10th-largest merchant acquirer in North America by dollar volume*, FNMS has more than 50 years of experience providing first-rate service and solutions to businesses across the United States. For more information, visit www.fnms.com.

*    The Nilson Report March 2009

     About TSYS

     TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site.

     About First National Bank of Omaha

     First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska has grown into the largest private banking company in the United States. First National and its affiliates have more than $17 billion in managed assets and nearly 5,700 employees located in 35 states. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.

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2010