TSYS to be sold for $13 billion to Fidelity National Information Services

COLUMBUS, Ga. (WRBL) — TSYS’s parent company Global Payments has agreed to sell the company to Fidelity National Information Services (FIS) for $13 billion.

Global Payments, a payments technology company, purchased TSYS in 2019. It is the largest company in a group of companies known as Issuer Solutions. Global Payments is selling Issuer Solutions as part of a deal to acquire Worldpay from FIS.

According to FIS the purchase of Issuer Solutions will cost $12 billion, with a total value of $13.5 billion excluding $1.5 billion of anticipated value of tax assets. FIS says it will fund the purchase by taking on $8 billion of new debt and the money from the sale of its minority stake in Worldpay to Global Payments.

A large part of the deal includes the establishment of a commercial partnership between FIS and Global Payments.

Global Payments says the partnership will bring a “comprehensive suite of solutions, including core banking, treasury management, embedded commerce, issuer processing and risk and fraud and merchant solutions” to its partners.

As of the closing of the stock market today, Global Payments stock is down 17% and FIS stock is up is up 8%.

FIS says both the TSYS and Worldpay deal are expected to close in the first half of 2026.