Global Payments Inc. provides payment technology services delivering solutions to its customers. The company’s partnerships, technologies and employee expertise enable it to provide a range of services that allow its customers to accept various payment types. The company distributes its services across various channels to merchants and partners in 29 countries throughout North America, Europe, the Asia-Pacific region and Brazil. The company provides payment and digital commerce solutions and operates in two segments: North America Merchant Services and International Merchant Services. North America Merchant Services and International Merchant Services segments target customers in various industries, including financial services, gaming, government, health care, professional services, restaurants, retail, universities, not-for-profit organizations, and utilities. Merchant Services The company’s payment solutions are similar around the world in that it enables its merchant customers to accept card, electronic, check and digital-based payments at the point of sale. The company’s primary business model provides payment services directly to merchants as its customers. The company also provides similar services indirectly through financial institutions and a limited number of independent sales organizations (ISOs). The company sells its services through multiple sales channels around the world and targets customers in many vertical industries. Credit and debit card transaction processing includes the processing of the world's major international card brands, including American Express, UnionPay International (UPI), Discover Card (Discover), JCB, MasterCard, Visa and non-traditional payment methods, as well as certain domestic debit networks, such as Interac in Canada. Electronic and digital-based payment processing involves a consumer or cardholder acquiring goods or services from a merchant and using a credit or debit card or other electronic or digital method as the form of payment. The company’s comprehensive offerings include terminal sales and deployment, authorization processing, settlement and funding processing, customer support and help desk functions, chargeback resolution, industry compliance, payment card industry security, consolidated billing and statements and on-line reporting. The company focuses on merchants and partners in 29 countries located throughout North America, Europe, the Asia-Pacific region, and in South America. The company charges other fees based on specific services that are unrelated to the number or value of transactions. North America Merchant Services This segment includes operations in the United States and Canada. In the United States, the company sells its services via a direct sales force utilizing referrals from partners of agent banks and trade associations, integrated payment solutions, enterprise software providers and value-added reseller referral arrangements, ISOs, agents and proprietary telesales groups. Direct Sales: The company’s direct sales channel receives qualified leads from agent banks and trade association referral partners for various mid-sized to large merchants with annual bankcard volume averaging above $300,000. The company’s merchant portfolio is also expanded through targeted campaigns and other lead-generating efforts by its direct sales force. The company’s referral partners are paid referral fees. Integrated Payment Solutions: The company’s integrated payment solutions channel, OpenEdge, sells payment solutions to approximately 60 vertical markets, gaining market share by signing new enterprise solution providers and new merchants within existing enterprise solution providers that it already supports. ISO: The company’s ISO channel targets merchant with typical annual bankcard volumes of $150,000 or less. ISOs contract with Global Payments to provide processing and other services depending on the ISOs' requirements. These contracts are generally multi-year and priced by service on a per transaction basis. The ISOs act as a third-party sales group selling Global Payments-branded merchant acquiring services, with the majority of G
global payments inc (GPN:New York)
10 Glenlake Parkway NE
Atlanta, GA 30328
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