Payments processor Total System Services Inc. hopes to boost the growth of merchant-services provider Pivotal Payments Inc. by becoming a preferred service provider, the companies announced Jan. 10.

The Columbus, Ga.-based payments processor known as TSYS will provide authorization, settlement and dispute-resolution services for Pivotal Payments, which serves more than 60,000 customers and processes more than $10 billion in annual debit and credit volume.

“We are extremely excited to be Pivotal Payment’s preferred partner,” Mark Pyke, president of TSYS Merchant Services, said in a press release. “Pivotal Payments has created one of the fastest growing and most successful organizations

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