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Comercia Global Payments Launches Interest-Free Installment Payment Program in Spain

Comercia Global Payments Launches Interest-Free Installment Payment Program in 
Spain 
BARCELONA, Spain and ATLANTA, Nov. 15, 2012 /CNW/ - Comercia Global Payments 
EP, S.L, a joint venture between the U.S.-based Global Payments Inc. (NYSE: 
GPN) and "la Caixa," the largest retail bank in Spain, today announced the 
companies have launched an interest-free Installment Payment Program in Spain. 
 Merchants throughout Spain can now offer customers the convenience of 
interest-free installment payments over a three, six or 12-month period for 
qualifying purchases using their "la Caixa" credit card. 
(Logo: http://photos.prnewswire.com/prnh/20010221/ATW031LOGO ) 
This innovative installment payment product offers zero interest on credit 
card purchases during the installment period, instant customer approvals at 
the point-of-sale and minimal merchant set-up. Installment Payment Program is 
operationally streamlined for merchants as the Comercia Global Payments 
point-of-sale terminal automatically detects any "la Caixa" credit card 
purchase over the qualifying amount and offers the option for installment 
payments.  The product is particularly suited for merchants looking to 
increase high-ticket sales items such as jewelry, consumer electronics, travel 
and hospitality, lifestyle products and telecommunications. 
"Installment Payment Program is a win-win for the 'la Caixa' cardholder and 
our merchant customers in Spain," said Sid Singh, senior vice president and 
global head of product at Global Payments Inc. "Economic conditions continue 
to be challenging in the local markets, as Spanish consumers look for more 
value and convenience, and merchants want to continue to sell their 
high-ticket products and services." 
Comercia Global Payments, formed in 2010, is a joint venture between Global 
Payments and "la Caixa" to provide merchant acquiring and payment processing 
services to merchants throughout Spain. 
"la Caixa" is the leading financial group in Spain and the largest network in 
the Spanish financial system with 13 million customers, 6,000 branches and 
10,000 ATMs, It also holds a leading position in online banking through Linea 
Abierta, with 8.6 million customers; mobile phone banking, with more than 2.6 
million customers and the highest number of financial service users in Spain; 
and electronic banking, with 12.5 million cards in circulation. "la Caixa" 
undertakes the banking activity indirectly through CaixaBank. Visit 
http://www.lacaixa.com/corporate/home_en.html for more information about the 
bank. 
Global Payments Inc. (NYSE: GPN) is a leading provider of electronic 
transaction processing services for merchants, Independent Sales Organizations 
(ISOs), financial institutions, government agencies and multi-national 
corporations located throughout the United States, Canada, Europe and the 
Asia-Pacific region.  Global Payments, a Fortune 1000 company, offers a 
comprehensive line of processing solutions for credit and debit cards, 
business-to-business purchasing cards, gift cards, electronic check conversion 
and check guarantee, verification and recovery including electronic check 
services, as well as terminal management.  Visit www.globalpaymentsinc.com for 
more information about the company and its services. 
Media Relations Contacts 
"la Caixa"   Direccion Corporativa de Comunicacion   Phone: Tel: +34 93 404 
7468 / 8108   Email: prensa@lacaixa.es http://prensa.lacaixa.es/caixabank 
Global Payments Inc.  Amy W. Corn  Phone: +1 678.643.2565  Email: 
amy.corn@globalpay.com 
http://www.globalpaymentsinc.com 
http://photos.prnewswire.com/prnh/20010221/ATW031LOGO 
SOURCE: Global Payments Inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/November2012/15/c8736.html 
CO: Global Payments Inc.
ST: Georgia
NI: FIN CPR ELE RET NP VNT  
-0- Nov/15/2012 21:31 GMT
 
 
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