Global Payments Selected as Official Commerce Technology Provider of Mercedes-Benz Stadium
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Mercedes-Benz Stadium, the home of the NFL's Atlanta Falcons and Atlanta United of Major League Soccer, jointly announced today that Global Payments will be the stadium's official Commerce Technology Provider. Global Payments will bring its expertise in restaurants, food and beverage service management, ticketing, retail and sports venues to further elevate Mercedes-Benz Stadium's status among the best fan experiences in sports.
Global Payments and Virgin Money Form Strategic Alliance to Redefine the Future of Digital Commerce
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Virgin Money, one of the leading financial services groups in the UK, today announce an agreement to leverage Global Payments' unique two-sided network to empower Virgin Money customers with market leading digital payments experiences globally.
Global Payments Agrees to Acquire MineralTree, a Leader in Business-to-Business (B2B) Software-Led Payments
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced an agreement to purchase MineralTree, a leading provider of accounts payable automation and business-to-business (B2B) payments solutions, from an investor group led by Great Hill Partners, .406 Ventures and Eight Roads Ventures. MineralTree's software-as-a-service (SAAS) offerings automate key procurement processes, including invoice capture, coding and approval, and enable virtual cards and integrated payments options across a variety of key vertical markets to digitize payables for thousands of customers.
Innovative Digital Finance Solutions Offer Businesses Greater Control
/PRNewswire/ -- The fintech industry, digital banking, and digital payments markets have all been rapidly expanding over the last decade. Yet, the pandemic has helped accelerate the move to digital payments and other digital finance services with a sense of urgency not seen before across the B2B landscape, and the same is true for the online retail sector. In fact, research by McKinsey & Company indicates that "overall, in retail, the impact was not a decline but a shift in buying behavior. In the first six months of the year, consumers spent online with U.S. retailers, up 30% from the same period in 2019 — corresponding to six times the annualized 2019 growth rate of online retail." As for banks, the pandemic has accelerated the move from "physical" to "virtual" banking. Banks in multiple geographies are closing branches (or in some cases will not reopen branches they closed due to the pandemic), as well as ATMs. (CSE: PAID) (OTC: XTMIF), (NYSE: SQ), (NASDAQ: PYPL), (NYSE: LSPD), (NASDAQ: GPN)
Increasing e-Commerce Sales Worldwide a Huge Bonus for Exploding Digital Payment Market
/PRNewswire/ -- - Various government bodies across the world are making efforts to increase the adoption of digital payments. The market is expected to benefit from the high adoption rate of smartphones, rise in e-commerce sales, and improved internet penetration globally. Governments across the globe are undertaking initiatives to digitize payments. This is promoting economic growth and is benefitting end-users in many countries across the globe. Facial recognition technology is gaining popularity worldwide. Various companies are making efforts to provide facial recognition-based payment methods to retail stores. This technology is helping merchants minimize a customer's checkout time at retail stores. Increasing e-commerce sales worldwide is also one of the major factors driving the market growth in recent days. Nowadays, people across the world are increasingly using contactless cards and mobile payment solutions for making online payments. A from Grand View Research said that "The global digital payment market size was valued at in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 19.4% from 2021 to 2028." Active Companies in the markets today include (OTCPK: MBLMF) (CSE: MBLM), (NASDAQ: PYPL), (NYSE: FOUR), (NYSE: SQ), (NYSE: GPN).
Global Payments Reports Second Quarter 2021 Results
--Deepens European Presence through Proposed Bankia Payments Acquisitions
Payment Processing Solutions Market: Collaboration between Major Companies Such as Fiserv Inc. and Visa Inc. to Create Promising Growth Opportunities, says Fortune Business Insights(TM)
The global payment processing solutions market size is expected to showcase an exponential growth by reaching USD 116.17 billion by 2027. This is attributable to the increasing adoption of value-added services by major Fintech firms, along with the growing demand for payments through credit & debit cards that is leading the developers to introduce advanced payment solutions globally. Fortune Business Insights, published this information in its latest report, titled, <b>"Payment Processing Solutions Market Size, Share & COVID-19 Impact Analysis, By Payment Method (Debit Card, Credit Card, e-Wallet, Automated Clearing House (ACH), and Others), By Industry Vertical (Banking, Financial Services and Insurance (BFSI), Manufacturing, IT and Telecommunications, Travel and Hospitality, Retail and Consumer Goods, Healthcare, Transportation and Logistics, and Others), and Regional Forecast, 2020-2027." </b>The report further mentions that the market stood at USD 48.60 billion in 2019 and is likely to exhibit a CAGR of 11.7% between 2020 and 2027.
Global Payments Launches New Partner Program to Expand Reach and Deliver Leading Issuer Digital Technologies to Full Spectrum of Institutions
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that PwC, a global leader in professional services, will be a charter member of its new TSYS Partner Program.
Global Payments to Report Second Quarter Results on August 2, 2021
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, will release second quarter 2021 financial results before the market opens on Monday, August 2, 2021.