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Global Payments Inc.
Contact: Christine Li
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Christine.li@globalpay.com

For Immediate Release

GLOBAL PAYMENTS CONTINUES ITS LEADERSHIP POSITION WITH TOP HONOURS AT CARD INDUSTRY AWARDS
In Market Share and Merchant Sales Volume

1 April 2009, Hong Kong – Global Payments Asia-Pacific Limited (“Global Payments”), a joint venture between The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) and U.S.- based Global Payments Inc. [NYSE: GPN], received a number of top card industry awards in Hong Kong from Visa Inc., MasterCard Worldwide and China UnionPay for the year of 2008. The wins acknowledge Global Payments’ leadership position in the merchant acquiring business in Hong Kong and its success of bringing innovative products and excellent quality of services to its customers.  

Global Payments was named the “Winner – Highest Market Share in Merchant Sales Volume” by MasterCard Worldwide and was awarded first place in the categories of “Highest Merchant Sales Volume” and second place in “Largest Merchant Sales Volume Growth” by Visa Inc. In the China UnionPay awards, Global Payments received silver awards for highest merchant sales volume and largest sales volume growth.

Commenting on this recognition by industry peers, Ian Courtnage, President - Global Payments Asia-Pacific, said, “These prestigious awards underscore our number one leadership position in Hong Kong’s merchant acquiring market and our excellent growth over the past year.  Our product innovations, service excellence and industry-leading processing capabilities have been instrumental in growing both Global Payments’ and our merchants’ sales volume.  We are proud to see our excellent achievements recognized within the industry.” 

Global Payments is dedicated to providing cutting-edge payment processing solutions to help merchants enhance business profitability and operational efficiency. In the past two years, the company has launched a range of new payment products across Asia Pacific.  Global Payments is one of the first payment processors to introduce an extensive mobile payment solution, Global MobilePayTM, for merchants to increase mobility in accepting card payments virtually everywhere. The company also offers Global WebPayTM to empower online merchants to process multi-country, multi-sales channels and multi-currency card transactions. Another product from its unrivalled product range is Global HomeCurrencyPayTM, a dynamic conversion service that allows merchants to provide their cardholders with the option of paying in their home currencies when they travel, thus increasing customer satisfaction.  Global Payments will continue to leverage its state-of-the-art processing platform and introduce best-in-class products to benefit merchants.

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About Global Payments Asia-Pacific Limited
Global Payments Asia-Pacific Limited (Global Payments), currently serving merchants in 11 countries and territories across Asia, is the largest pan-Asian card processing company in the region.  The company is a strategic joint venture between Global Payments Inc. [NYSE:GPN], a leading worldwide payment processor and The Hongkong and Shanghai Banking Corporation Limited. The company brings a new level of innovation to merchant services in the region with an expanded range of innovative payment solutions, industry-leading merchant reporting tools, and unparalleled merchant services.    Global Payments has established a strong presence in the Asia-Pacific region and now operates in Brunei, China, Hong Kong, India, Macau, Malaysia, the Maldives, the Philippines, Singapore, Sri Lanka and Taiwan.  For more information about the company and its services, please visit www.globalpayments-asia.com.

This announcement by Global Payments’ may contain certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including revenue and earnings estimates and management’s expectations regarding future events and developments, are forward-looking statements and are subject to significant risks and uncertainties. Important factors that may cause actual events or results to differ materially from those anticipated by such forward-looking statements include the following: continued certification by credit card associations, foreign currency risks, competition and pricing, product demand, market and customer acceptance, development difficulties, the effect of economic conditions and consumer spending, security breaches or systems failures, costs of capital, changes in state, federal or foreign laws and increases in credit card association fees, utility or system interruptions, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10-K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.

 

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