Global Payments Inc.
 |
|
| Type | Private |
|---|---|
| Traded as | NYSE: GPN |
| Industry | Payment Processing |
| Headquarters | Atlanta, Georgia |
| Website | www.globalpaymentsinc.com |
- For global health care payments, see discussion of accountable care organizations in Health care reform debate in the United States.
Global Payments Inc. (NYSE: GPN) is a payment processing company based in Atlanta, Georgia. Global Payments functions as an electronic payment processor to merchants, independent sales organizations, financial institutions, government agencies and multinational corporations in the United States, Canada, Latin America, the United Kingdom, Europe and Asia-Pacific.
[edit] History
Global Payments has more than four decades of industry experience in electronic payment processing. Global Payments acquired DolEx in 2003 and set up a high profile joint venture with HSBC in Asia covering ten markets. The present-day CEO of Global Payments is Paul R. Garcia. Global Payments also announced a USD 439 Million Joint Venture with HSBC Bank Plc in the UK. This transaction is expected to be completed by October 2008. The new company is going to be called HSBC Merchant Services. With this acquisition, Global Payments has now become one of the world's truly global payment processors with its merchant services offering across North America, Western & Eastern Europe and Asia.
On April, 2009, the Company acquired third biggest Russian processing company UCS (more than 90 banks in processing).
On June 12, 2009, the Company acquired the remaining 49% interest in HSBC Merchant Services LLP, from HSBC Bank plc.
[edit] External links
 |
This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by expanding it. |
