Total System Services Inc. this afternoon reported net income of $52.5 million for the second quarter ended June 30, down 2.8% from $54 million during the same period last year. The Columbus, Ga.-based transaction processor’s revenues were up 5.3%, to $433.8 million from $412 million.

In North America, revenues totaled $236.8 million, down 10.6% from $265 million. Transaction volume in the region totaled 1.56 billion, up 2.6% from 1.52 billion. Accounts on file in the region were down 6.7%, to 290.7 million from 311.7 million.

The international segment generated revenues of $78 million, up 2.1% from $76.4 million Transaction volume in the region was up 9.9%, to 297.9 million from 271.1 million. Accounts on file were up 11.4%, to 42.1 million from 37.8 million.

The merchant segment generated revenues of $126.8 million, up 57.9% from $80.3 million. Transaction processed rose 8.3%, to 1.42 billion from 1.31 billion.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry