Inroads in international payments
With this announcement regarding Global Payments and Planet Payment in connection with the upcoming 2008 Beijing Olympics, I to took a updated look Global Payments. The Merchant-Acquiring side of the Payment Card Industry: Structure, Operations, and Challenges reports that Global Payments is the fifth largest, non-bank, U.S. Acquirer.
I was impressed by this statement at Global Payments Europe website “As a pioneer in electronic payment processing, Global Payments can custom design a comprehensive payment processing solution just right for your business.” International payments are becoming increasingly important and seeing the efforts for companies to work together to make lower cost and improve convenience. Global appears to be making inroads into important international markets.
