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ATLANTA and SARAJEVO, August 14, 2007 - Global Payments Inc. (NYSE:GPN), a world leader in electronic transaction processing services, announced today that its Sarajevo-based, wholly-owned subsidiary, Global Payments Europe d.o.o. Sarajevo, has entered into a five-year agreement to provide comprehensive payment card processing services to Postbank BH, Sarajevo. Global Payments Europe d.o.o. Sarajevo will provide the bank with a full range of card processing services including card personalization and authorization, PIN management, fraud monitoring and prevention, SMS alerts, ATM and POS networks, as well as call center services.
“After successful re-capitalization and change in ownership, Postbank BH has very ambitious business plans to make the card business a vital part of our retail banking. We are determined to create high quality, valuable card products, which we will market independently through the network of our strategic partner, Post Offices BH,” said Dzenamir Abaza, CEO of Postbank BH. “We recognize Global Payments Europe d.o.o. Sarajevo as a reliable and established partner with worldwide references, and we are confident that our new relationship will be longstanding and successful, with satisfied customers our ultimate business goal,” Abaza continued.
Mustafa Bektic, CEO of Global Payments Europe d.o.o. Sarajevo said, ”We are very excited to expand our existing portfolio with the addition of Postbank BH, as it is expected that the bank, with the Post Office as its strategic partner, will grow significantly, and play an important role in the retail banking market.”
According to Postbank BH CEO Abaza, Postbank BH has recently been privatized with Poteza Adriatic Fund (based in Amsterdam, The Netherlands) as major shareholder with 48 percent ownership and is a strategic partner of Bosnian Post Office, one of the largest networks in Bosnia and Herzegovina with 249 branches.
ATLANTA, PRAGUE, July 20, 2007 - Global Payments Inc. (NYSE:GPN), a world leader in electronic transaction processing services, announced today that its Prague-based, wholly-owned subsidiary, Global Payments Europe, s.r.o., has entered into an agreement to provide payment card processing services to another member of Home Credit Group – Home Credit Kazakhstan. Global is currently providing payment processing services to Home Credit and its members in the Czech Republic and Russia.
Global Payments Europe will provide authorization and card management system services to seamlessly address Home Credit Group’s desire to expand to emerging markets. Additionally, Global Payments Europe will provide Home Credit Kazakhstan with a solution for PIN generation and PIN printing. The agreement extends and enhances the long-term relationship between Global Payments Europe and the companies of Home Credit Group.
“We value our relationship with Home Credit, which has grown significantly over the years. In order to support the continued growth of Home Credit, we have developed a proven solution that can be easily adopted for any new markets Home Credit wishes to enter,” said CEO of Global Payments Europe, Petr Sedlacek. “In addition, with the signing of this agreement for services in Kazakhstan, Global Payments Europe is entering a new and dynamically developing region of Central Asia.”
“We very much appreciate our cooperation with Global Payments Europe. They have developed a flexible and technologically-advanced solution for our revolving credit card processing requirements, which allowed us to introduce a new, unique product to the Kazakhstani market, the Silver Card Home Credit,” said General Manager of Home Credit Kazakhstan, Jiri Badr.
“Home Credit Group companies already serve two million customers with active cards, which puts Home Credit among the leading players in the field of payment cards in the Central and Eastern European region. We regard highly our relationship with Global Payments Europe, which has supported us in our expansion to Kazakhstan and in the preparation of the right platform for this achievement,” said Member of the Board of Directors of Home Credit B.V., Ladislav Chvatal. Home Credit B.V. is the holding and management company for the Home Credit Group.
ATLANTA, MOSCOW – June 13, 2007 - Global Payments Inc. (NYSE:GPN), a world leader in electronic transaction processing services, announced today that its Prague, Czech Republic-based wholly - owned subsidiary, Global Payments Europe, s.r.o. has reached a multi-year agreement to provide a complete outsourcing solution for payment card processing services to STARBANK (formerly Noyabrski Gorodskoi Bank (NGB)). The scope of the agreement encompasses authorization services, card management services, bank card personalization data preparation, fraud monitoring, ATM and POS management, e-Commerce, as well as (SMS) account alerting services.
Global Payments Europe will also provide technological oversight, which will enable STARBANK to more easily expand its services throughout the Russian Federation in the near future. STARBANK plans to begin issuing credit cards in the summer of 2007.
“We welcome this opportunity to provide indirect issuing and acquiring services to STARBANK. The expertise we have gained through our extensive experience in migration and implementation projects in Russia and other Eastern European markets will help Global Payments to seamlessly deliver a customized solution for STARBANK and its customers,” said Stanislav Coufal, the head of Global Payments Europe, Russian Federation operations.
Mr. Erik Sultankulov, Chairman of the Board of Directors, of STARBANK said, “We appreciate the cooperation with Global Payments Europe, a leader in the international market for electronic payments processing services. By utilizing such an experienced, technologically advanced, efficient, and reliable partner, we will ensure our business development and the fulfillment of our business objectives.”
ATLANTA, SARAJEVO – May 24, 2007 - Global Payments Inc. (NYSE:GPN), a world leader in electronic transaction processing services, announced today that its Sarajevo-based, wholly-owned subsidiary, Global Payments Europe d.o.o. Sarajevo, has reached a five-year agreement to provide comprehensive payment card processing services to VABA Bank dd, Sarajevo. Global Payments Europe d.o.o. Sarajevo will provide the bank with a complete array of card processing services including authorization, card management, fraud monitoring and prevention, card personalization and Point of Sale (POS) terminal network management.
Ismet Kumalic, senior executive of VABA Bank dd, Sarajevo, said, “With Global Payments we have a recognized partner with worldwide references and a reputation for providing high quality services. Global Payments’ strong regional presence and experience in the card business is a great competitive advantage for us. Global’s expertise will help us create added value for the Bank and our clients. We see this agreement as an important part of our business success in this dynamic market.”
“We are very pleased to announce our agreement with VABA Bank, which represents the first agreement with a new banking client signed to retain our services since Global Payments acquired the assets of Diginet d.o.o. The card market is undergoing dynamic growth and development in Southeast Europe and Global Payments Europe d.o.o. Sarajevo is committed to providing financial institutions with the highest quality processing products and services to meet these challenges, backed by Global Payments’ 40 plus years of card market expertise,” said Mustafa Bektic CEO of Global Payments Europe d.o.o. Sarajevo.
VABA Bank dd, Sarajevo is a newly established bank in Bosnia Herzegovina, after its parent bank, VABA Banka, Varazdin, Croatia, acquired the assets of Ljubljanska banka, Sarajevo.
Prague, April 26, 2007 – Billa becomes the fourth retail chain in the Czech Republic, where the customers can top-up credit of mobile phones at payment terminals by using GP mobile service.
The GP mobile was introduced in Billa supermarkets during the month of April, beginning with the Billa store in Cestlice on March 30, 2007. Billa currently operates 83 supermarkets in the Czech Republic. The customers can top-up credit of mobile phones from all three GSM operators (Telefónica O2, T-Mobile, and Vodafone).
GP mobile can also be found at Globus hypermarkets, Rossmann drugstores and Electro World, electrical appliances stores. Owners of prepaid phone cards can use GP mobile to recharge their credit at payment terminals as of November 23, 2006. By the end of March 2007 over 100 000 transactions were completed.
Prague, February 19, 2007 - Since February 19, GP mobile has been available at all 11 shops of Electro World, an electrical appliances retailer. Gradual service launch at individual sales places happened in the week of February 12 – 19. After Globus and ROSSMANN, Electro World has become the third retail chain in the Czech Republic where the GP mobile is available. The mobile telephone owners of all three operators can now recharge their credit at payment terminals via GP mobile at almost 130 point of sales.
Prague, February 9, 2007 - Global Payments Inc. (NYSE:GPN), a world leader in electronic transaction processing services, today announced that its Prague-based wholly- owned subsidiary, Global Payments Europe, s.r.o. has extended its agreement to provide Raiffeisenbank and eBanka with payment card processing services. This extension continues the long-term relationship between Global Payments Europe and the two financial institutions.
In October 2006, Raiffeisen International finalized the acquisition of eBanka, originally part of the PPF financial group. Global Payments Europe’s experience and knowledge will enhance the optimization of payment card processing, as well as broaden the portfolio of services for the two financial institutions.
“Raiffeisenbank and eBanka are long-term partners,” said Petr Sedlacek, CEO of Global Payments Europe. ”We have provided services to Raiffeisenbank since 1995 and to eBanka, and its predecessor Expandia banka, since 1998. We have a great regard for this relationship and believe that our experience will help during the integration and further development of payment card processing at both institutions.”
Raiffeisenbank spokesperson, Tomas Kofron said, “Raiffeisenbank is dynamically developing in the Czech market and is constantly increasing the number of issued payment cards. That is why it is so important for us to have a dependable partner able to fulfill all of our needs in the expanding marketplace we serve. Global Payments is exactly this type of partner. Our integration with eBanka means new opportunities and challenges for us. We are pleased, that during this demanding process, we can rely on Global Payments’ expertise in the payment processing area.”
Prague, Januray 18, 2007 - Global Payments Europe, s.r.o. (formerly MUZO), today announced that it has extended an agreement to provide CSOB group with processing services in card acquiring. The agreement further allows GPE to broaden cooperation with CSOB group in the payment cards value added services. This step confirms GPE's leading position in processing services in the Central European markets.
Petr Sedláček, CEO of Global Payments Europe said: "CSOB group is our highly regarded and long-time partner. We are delighted to extend our succesfull cooperation and we are happy to provide CSOB group with products and services of the top-level quality."
