Global Payments Touts Differentiated Strategy

Digital Transactions

“Global’s North America segment benefitted in part from the strong U.S. dollar. But the region delivered strong results in U.S. integrated-payments and Global’s direct-sales merchant-acquiring operation, which grew in the high-single-digits range, chief financial officer Cameron M. Bready said on a morning conference call with analysts. In contrast, revenues from the U.S. wholesale business, which uses independent sales organizations to sell Global’s services, fell in the high teens year-over-year. That was “consistent with expectations,” Bready said, as Global continues to tilt toward software-based services linked with payment processing, and its direct-sales operation.”