Global Payments Inc.
Global Payments Completes Acquisition of Worldpay and Divestiture of Issuer Solutions Business
Summary
Global Payments Inc. has completed its acquisition of Worldpay from FIS and GTCR, and the divestiture of its Issuer Solutions business to FIS. This transaction transforms Global Payments into a pure-play, commerce solutions provider, serving the full spectrum of clients, from small businesses to global enterprises worldwide. The combined company is expected to serve more than 6 million merchant locations, processing $3.7 trillion in payment volume and approximately 94 billion transactions annually across more than 175 countries. The integration of both companies is expected to unlock synergies and accelerate innovation.
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About Global Payments Inc.
Global Payments Inc. is a leading technology and payments company providing innovative solutions to help businesses streamline their financial transactions. Focusing primarily on electronic payment processing, Global Payments Inc. serves a broad spectrum of industries, including retail, healthcare, education, and financial services, offering seamless, secure, and efficient payment processing solutions. The company's platform supports various payment methods, including credit and debit card processing, digital wallets, and contactless payments, enhancing the customer experience by accommodating diverse consumer preferences. Notably, Global Payments Inc. operates worldwide, facilitating international commerce and expanding the reach of its services to businesses of all sizes, from small enterprises to large corporations. By leveraging cutting-edge technology and strategic partnerships, the company plays a critical role in the digital transformation of commerce, enabling businesses to accept payments from a global customer base. In an ever-evolving financial landscape, Global Payments Inc. is instrumental in driving secure and efficient transaction processes, supporting the dynamic needs of modern businesses.
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