On January 19, 2012, Green Dot Corporation entered into the Material Terms Amendment to Agreement for Services to that certain Agreement for Services dated September 1, 2009 between the Company and Total System Services, Inc. Pursuant to the Amendment, the parties agreed to extend the term of the Agreement by two years to August 31, 2014 and related matters. On January 24, 2012, the Company announced that it expects to transition processing services from TSYS to its in-house processing solution built on assets the Company recently acquired from eCommLink.