Global Payments Inc. Strengths, Domain Expertise, and Key Differentiators
Global Payments’ cloud-based issuer processing platform built on AWS will allow financial institutions of all sizes to more seamlessly operate the entire lifecycle of card issuance and management. The company is also leveraging the proven scalability of AWS’s global infrastructure to support the rapid adoption of Global Payments’ issuer processing platform around the world, which today handles approximately 27 billion transactions annually.
ACTIVE Network. Through ACTIVE Network, Global Payments deliver cloud-based enterprise software, including payment technology solutions, to event organizers in the communities and health and fitness markets.
AdvancedMD. Through AdvancedMD, Global Payments provide cloud-based enterprise solutions to small-to-medium-sized ambulatory physician practices in the United States.
Education Solutions. Global Payments offer integrated payment solutions specifically designed for all levels of educational institutions. At the university level, we offer integrated commerce solutions, payment services, higher education loan services, credentialing services, and open- and closed-loop payment solutions. For kindergarten through 12th grade, Global Payments provide e-commerce and in-person payments, cafeteria POS solutions, and back-office management software, hardware, technical support, and training.
Gaming. Global Payments offers a comprehensive suite of cash access solutions to the gaming market in North America. These solutions include credit and debit card cash advance, traditional and electronic check processing, and other services specific to this market.
Xenial. Through Xenial, Global Payments offer leading-edge enterprise software solutions, integrated with its payment services and other adjacent business service applications, to the restaurant and hospitality, and retail vertical markets.
Global Payments Inc. Recent Developments
In February 2021, Global Payments made an expansive multi-year partnership to deliver innovative cloud-based products and capabilities, enabling best-in-class digital merchant customer experiences worldwide. As part of the partnership, Global Payments will migrate its merchant acquiring technology to Google Cloud, and will provide merchant acquiring services to Google to extend its global market reach. In addition, Global Payments and Google Cloud will be launching a series of strategic go-to-market and co-sell activities together.
Global Payments announced that TSYS, its Issuer Solutions business, has renewed its agreement with Wells Fargo, the fourth-largest bank in the U.S. As part of the multi-year agreement, TSYS will continue to provide a range of processing and support services for the bank’s commercial card portfolio. Wells Fargo has utilized TSYS’ payments processing platform since 1995.
Global Payments Inc. Mergers and Acquisitions (M&A) Activities
In September 2021, Global Payments acquired MineralTree, a 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.
In 2017, Global Payments, a worldwide provider of payment technology services acquired the communities and sports divisions of ACTIVE Network from Vista Equity Partners. ACTIVE Network delivers cloud-based, mission-critical enterprise software, including payment technology solutions, to event organizers in the communities and health and fitness verticals. The outdoors division of ACTIVE Network will be retained by Vista Equity Partners.
Global Payments Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Global Payments Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Global Payments Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ActiveWorks, Activity Cloud customers.
Global Payments Inc. Overview
Ownership: - NYSE : GPN
Number of Employees: 25000
Functional Markets: CRM, eCommerce, ERP Financial, ERP Services and Operations Management, HCM, Procurement, SCM, TRM, PaaS,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K366, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Global Payments Inc. Key Enterprise and Cloud Applications
ActiveWorks, Activity Cloud
Global Payments Inc. Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Global Payments Inc. Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Global Payments Inc. Enterprise Applications Revenues By Functional Markets, $M:
Global Payments Inc. Enterprise Applications Revenues By Verticals, $M:
Global Payments Inc. Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Global Payments Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Global Payments Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Global Payments Inc. Customers
No. of Global Payments Inc. Customers: x
No. of Global Payments Inc. Enterprise Applications Customers: x
No. of Global Payments Inc. Cloud Customers: x
No. of Global Payments Inc. Cloud Subscribers: x
Global Payments Inc. is a pure-play payments technology company providing cutting-edge payments and software solutions to approximately 3.5 million merchant locations and more than 1,300 financial institutions across more than 100 countries throughout North America, Europe, Asia-Pacific, and Latin America.
Among its customers are J.P Morgan, PayPal, Wendy's, Phillips 66, Taco Bell, University of Notre Dame, Burger King, BrewDog, and many others.
Global Payments Inc. Market Opportunities, M&A and Geo Expansions
In May 2021, Global Payments acquired Zego from Vista Equity Partners. Zego provides resident experience management software and digital commerce solutions to property managers primarily in the United States. The transaction extends Global Payments’ leadership in software into the real estate vertical, a $6.5 billion target addressable market with a strong payments nexus and significant secular tailwinds.
In August 2020, Global Payments and Amazon Web Services announced a new, multi-year collaboration agreement to provide a cloud-based issuer processing platform to financial institutions around the world. As part of this agreement, Global Payments and AWS will strategically collaborate to transform Global Payments’ core issuing platform to deliver secure, innovative solutions for the payment industry at scale. Global Payments will work with AWS to build on AWS’s customer relationships, making innovative technologies available to institutions of all sizes worldwide and expanding the customer base for Global Payments’ issuer processing services.
Global Payments’ cloud-based issuer processing platform built on AWS will allow financial institutions of all sizes to more seamlessly operate the entire lifecycle of card issuance and management. The company is also leveraging the proven scalability of AWS’s global infrastructure to support the rapid adoption of Global Payments’ issuer processing platform around the world, which today handles approximately 27 billion transactions annually.
Global Payments will rely on AWS as its preferred cloud provider for issuer processing and will use a range of AWS services, including storage, compute, database, security, analytics, and machine learning to fulfill compliance requirements, enable new cloud-based services, and enhance customer experiences for its clients and their cardholders. In addition, Amazon and Global Payments will work together to explore additional opportunities for collaboration on innovative payments products and services across all of Global Payments.
Global Payments Inc. Risks and Challenges
The success of the TSYS Merger will depend, in part, on the ability to realize the anticipated cost savings from combining its business with the acquired operations of TSYS. To realize the anticipated benefits and cost savings from the Merger, Global Payments must successfully integrate and combine its businesses in a manner that permits those cost savings to be realized. If Global Payments is not able to successfully achieve these objectives, the anticipated benefits of the Merger may not be realized fully or at all or may take longer to realize than expected.
It is possible that the integration process could result in the loss of key employees, the disruption of Global Payments ongoing business, or inconsistencies in standards, controls, procedures, and policies that adversely affect its ability to maintain relationships with customers, commercial counterparties, and employees or to achieve the anticipated benefits and cost savings of the Merger. Integration efforts may also divert management attention and resources.
Global Payments Inc. Ecosystem, Partners, Resellers and SI
In September 2021, Global Payments and Virgin Money Form Strategic Alliance to Redefine the Future of Digital Commerce. The companies unveiled that they are working to launch a new connected payment offering that creates frictionless experiences for Virgin Money’s consumers and merchants. This new pay proposition would extend commerce and provide an integrated suite of digital capabilities.
Global Payments Inc. Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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