Total System Services Inc. of Columbus, Ga., said Tuesday that it has entered into exclusive negotiations to provide credit card processing services to Bank of America.

The BankAmerica Corp. unit is the seventh-largest credit card bank, as measured by accounts, according to Faulkner & Gray's Credit Card News. Its signing would be a coup for Total System, which has 114 customers, including AT&T Universal Amid Services, the No. 4 bank-card program.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.