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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECURITIES AND EXCHANGE
  COMMISSION <BR>Washington, D.C. 20549 </FONT></P>
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form 8-K </FONT></P>
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT </FONT></P>
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to Section 13
  or 15(d) of <BR>the Securities Exchange Act of 1934 </FONT></P>
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>January 18, 2005</U><BR> Date of Report<BR>(Date of
  Earliest Event Reported)</FONT></P>
  
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Total System Services, Inc.
  </U> <BR>(Exact Name of Registrant as Specified in its Charter) </FONT></P>
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       <TH></TH>
       <TH></TH></TR>
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       <TD WIDTH=25% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Georgia</U></FONT></TD>
       <TD WIDTH=42% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>1-10254</U></FONT></TD>
       <TD WIDTH=33% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>58-1493818</U></FONT></TD></TR>
  <TR VALIGN=Bottom>
       <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(State of Incorporation)</FONT></TD>
       <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Commission File Number)</FONT></TD>
       <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(IRS Employer Identification No.)</FONT></TD></TR>
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>1600 First Avenue,
  Columbus, Georgia 31901</U><BR>(Address of principal executive offices) (Zip Code) </FONT></P>
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>(706)   649-2267 </U><BR> (Registrant&#146;s
  telephone number, including area code)  </FONT></P>
  
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>(Former
  name or former address, if changed since last report) </FONT></P>
  
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  <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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: </FONT></P>
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  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        |&nbsp;&nbsp;&nbsp;|  </FONT></TD>
  <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;
        Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425) </FONT></TD>
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  <BR>
  
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  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        |&nbsp;&nbsp;&nbsp;|  </FONT></TD>
  <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;
        Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12) </FONT></TD>
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  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        |&nbsp;&nbsp;&nbsp;|  </FONT></TD>
  <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;
        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act <BR>&nbsp;&nbsp;(17 CFR 240.14d-2(b)) </FONT></TD>
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  <BR>
  
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  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
  <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        |&nbsp;&nbsp;&nbsp;|  </FONT></TD>
  <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;
        Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act <BR>&nbsp;&nbsp;(17 CFR 240.13e-4(c)) </FONT></TD>
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  <U><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1.01</FONT></U></TD>
  <TD WIDTH="86%" VALIGN="TOP" COLSPAN=4>
  <U><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Entry into a Material Definitive Agreement.
  <BR><BR>
  </FONT></U></TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="86%" VALIGN="TOP" COLSPAN=4>
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.       Director Compensation<BR><BR>
  Following the Corporate Governance and Nominating Committee's review of the compensation paid to directors, on January 18, 2005 the
  Board of Directors of Total System Services, Inc. ("TSYS") approved modifications to the compensation to be paid to directors
  effective February 1, 2005.<BR><BR>
  Compensation for directors includes : (1) an annual retainer of $35,000; (2) an annual retainer of $5,000 for serving on the
  Compensation Committee and the Corporate Governance and Nominating Committee; (3) an annual retainer of $10,000 for serving on the
  Audit Committee and the Executive Committee; (4) an annual retainer of $5,000 for serving as the chair of the Compensation Committee
  and Corporate Governance and Nominating Committee and $10,000 for serving as the chair of the Audit Committee; (5) an annual retainer
  of $5,000 for serving as lead director; and (6) an annual grant of 500 shares of restricted TSYS common stock.<BR><BR>
  Directors may elect to defer all or a portion of their cash compensation. Deferred amounts are deposited into one or
   more investment
  funds chosen by the director. All deferred fees are payable only in cash.<BR><BR>
  Directors may also choose to participate in TSYS' Director Stock Purchase Plan which is a nontax-qualified, contributory stock
  purchase plan pursuant to which TSYS directors can purchase, with the assistance of contributions from TSYS, presently issued
  and outstanding shares of TSYS stock. Under the terms of the Director Stock Purchase Plan, directors can elect to contribute up to
  $5,000 per calendar quarter to make purchases of TSYS stock, and TSYS contributes an additional amount equal to 50% of the
  directors' cash contributions. Participants in the Director Stock Purchase Plan are fully vested in, and may request the issuance to
  them of, all shares of TSYS stock purchased for their benefit under the Plan.<BR><BR>
  A summary of the compensation to be paid to directors is filed as Exhibit 10.1 hereto and incorporated
  by reference herein.<BR><BR>
  2.       Change of Control Agreement<BR><BR>
  On January 18, 2005, the Board of Directors of TSYS approved amendments to its standard Change of Control Agreement with its
  executive officers, effective January 21, 2005. The amendments include: (1) changing the definition of a "change in control" from a
  merger in which less than two-thirds (2/3) of shareholders carryover to a merger in which less than sixty percent (60%) of
  shareholders carryover; (2) eliminating the ability of an executive to trigger benefits by voluntarily resigning during the 13th
  month following a change of control; (3) extending the time during which an executive can receive benefits under the agreement upon
  an involuntary termination without cause or a voluntary termination for good reason from one year to two years; and (4) providing
  that a gross-up for excise taxes only occurs if the total change of control payments exceed 110% of the applicable IRS cap.
  <BR><BR>The foregoing description of the amendments to the Change of Control Agreement is qualified in its entirety by reference to the full
  text of the amended Change of Control Agreement which is filed as Exhibit 10.2 hereto and incorporated by reference herein.
  <BR><BR>
  </FONT></TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="37%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD WIDTH="24%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="24%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP">
  <U><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.01</FONT></U></TD>
  <TD WIDTH="61%" VALIGN="TOP" COLSPAN=3>
  <U><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Financial Statements and Exhibits.</FONT></U></TD>
  <TD WIDTH="24%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="10%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="51%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD WIDTH="24%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP"></TD>
  <TD WIDTH="10%" VALIGN="TOP">
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)</FONT></TD>
  <TD WIDTH="51%" VALIGN="TOP" COLSPAN=2>
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibits<BR><BR>
  </FONT></TD>
  <TD WIDTH="24%" VALIGN="TOP"></TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP"></TD>
  <TD WIDTH="10%" VALIGN="TOP">
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Exhibit No.</U></FONT></TD>
  <TD WIDTH="51%" VALIGN="TOP" COLSPAN=2>
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Description</U><BR><BR>
  </FONT></TD>
  <TD WIDTH="24%" VALIGN="TOP"></TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP"></TD>
  <TD WIDTH="10%" VALIGN="TOP">
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.1  </FONT></TD>
  <TD WIDTH="75%" VALIGN="TOP" COLSPAN="3">
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>Summary of Board of Directors Compensation as approved
  on January 18, 2005<BR><BR></FONT></TD>
  </TR>
  <TR><TD WIDTH="14%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="10%" VALIGN="TOP">
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.2  </FONT></TD>
  <TD WIDTH="75%" VALIGN="TOP" COLSPAN=3>
  <FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of amended Change of Control Agreement
  <BR><BR>
  </FONT></TD>
  </TR>
  
  
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>
  <HR SIZE=1 COLOR=GRAY NOSHADE>
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  <!-- MARKER FORMAT-SHEET="Head Center Underline-TNR" FSL="Workstation" -->
  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Signature </U></FONT></P>
  
  <!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
  <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </FONT></P>
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  <BR>
  
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  <TR VALIGN=Bottom>
       <TH></TH>
       <TH></TH></TR>
  <TR VALIGN=Bottom>
       <TD WIDTH=55% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
       <TD WIDTH=45% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;TOTAL SYSTEM SERVICES, INC.<BR>&nbsp;("Registrant")</FONT></TD></TR>
  <TR VALIGN=Bottom>
       <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR VALIGN=Bottom>
       <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Dated: <U>January 20, 2005</U> </FONT></TD>
       <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By:<U>/s/ Kathleen Moates</U> </FONT></TD></TR>
  <TR VALIGN=Bottom>
       <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
      <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kathleen Moates<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senior Deputy General Counsel</FONT></TD></TR>
  
  <TR VALIGN=Bottom>
  <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD></TR>
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  <P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3</FONT></P>
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "tss8kfiling.htm", "description": "TSYS 8-K FILING", "secsgml_size_bytes": 15138}]
metadata_filer: {"company-data": {"conformed-name": "TOTAL SYSTEM SERVICES INC", "cik": "0000721683", "assigned-sic": "7389", "irs-number": "581493818", "state-of-incorporation": "GA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10254", "film-number": "05539056"}, "business-address": {"street1": "1600 FIRST AVENUE", "street2": "P O BOX 1755", "city": "COLUMBUS", "state": "GA", "zip": "31901", "phone": "7066492267"}, "mail-address": {"street1": "1600 FIRST AVENUE", "city": "COLUMBUS", "state": "GA", "zip": "31901"}}
text: 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
  January 18, 2005
  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.)
  1600 First Avenue,
  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:
  |   |
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)
  |   |
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  |   |
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b))
  |   |
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4(c))
  Item 1.01
  Entry into a Material Definitive Agreement.
  1.       Director Compensation
  Following the Corporate Governance and Nominating Committee's review of the compensation paid to directors, on January 18, 2005 the
  Board of Directors of Total System Services, Inc. ("TSYS") approved modifications to the compensation to be paid to directors
  effective February 1, 2005.
  Compensation for directors includes : (1) an annual retainer of $35,000; (2) an annual retainer of $5,000 for serving on the
  Compensation Committee and the Corporate Governance and Nominating Committee; (3) an annual retainer of $10,000 for serving on the
  Audit Committee and the Executive Committee; (4) an annual retainer of $5,000 for serving as the chair of the Compensation Committee
  and Corporate Governance and Nominating Committee and $10,000 for serving as the chair of the Audit Committee; (5) an annual retainer
  of $5,000 for serving as lead director; and (6) an annual grant of 500 shares of restricted TSYS common stock.
  Directors may elect to defer all or a portion of their cash compensation. Deferred amounts are deposited into one or
   more investment
  funds chosen by the director. All deferred fees are payable only in cash.
  Directors may also choose to participate in TSYS' Director Stock Purchase Plan which is a nontax-qualified, contributory stock
  purchase plan pursuant to which TSYS directors can purchase, with the assistance of contributions from TSYS, presently issued
  and outstanding shares of TSYS stock. Under the terms of the Director Stock Purchase Plan, directors can elect to contribute up to
  $5,000 per calendar quarter to make purchases of TSYS stock, and TSYS contributes an additional amount equal to 50% of the
  directors' cash contributions. Participants in the Director Stock Purchase Plan are fully vested in, and may request the issuance to
  them of, all shares of TSYS stock purchased for their benefit under the Plan.
  A summary of the compensation to be paid to directors is filed as Exhibit 10.1 hereto and incorporated
  by reference herein.
  2.       Change of Control Agreement
  On January 18, 2005, the Board of Directors of TSYS approved amendments to its standard Change of Control Agreement with its
  executive officers, effective January 21, 2005. The amendments include: (1) changing the definition of a "change in control" from a
  merger in which less than two-thirds (2/3) of shareholders carryover to a merger in which less than sixty percent (60%) of
  shareholders carryover; (2) eliminating the ability of an executive to trigger benefits by voluntarily resigning during the 13th
  month following a change of control; (3) extending the time during which an executive can receive benefits under the agreement upon
  an involuntary termination without cause or a voluntary termination for good reason from one year to two years; and (4) providing
  that a gross-up for excise taxes only occurs if the total change of control payments exceed 110% of the applicable IRS cap.
  The foregoing description of the amendments to the Change of Control Agreement is qualified in its entirety by reference to the full
  text of the amended Change of Control Agreement which is filed as Exhibit 10.2 hereto and incorporated by reference herein.
  Item 9.01
  Financial Statements and Exhibits.
  (c)
  Exhibits
  Exhibit No.
  Description
  10.1
  Summary of Board of Directors Compensation as approved
  on January 18, 2005
  10.2
  Form of amended Change of Control Agreement
  2
  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.
  ("Registrant")
  Dated:
  January 20, 2005
  By:
  /s/ Kathleen Moates
  Kathleen Moates
  Senior Deputy General Counsel
  3