For the processor Total System Services, buying the prepaid card marketer NetSpend is transformational. For NetSpend it's going to be business as usual, the companies say.

When the $1.4 billion all-cash acquisition is completed in mid-2013, TSYS will consider NetSpend its fourth line of business in addition to North America Services, International Services and Merchant Services. It will be the first time TSYS will own a business that sells directly to consumers.

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