| Business Summary | | Global
Payments,
Inc.
is
an
integrated
provider
of
high
volume
electronic
transaction
processing
and
value-added
end-to-end
information
services
and
systems
to
merchants,
multinational
corporations,
financial
institutions,
and
government
agencies.
The
Company
serves
as
an
intermediary
in
the
exchange
of
information
and
funds
between
merchants
and
credit
card
issuers,
enabling
consumers,
corporations,
and
government
agencies
to
purchase
goods
and
services
through
the
use
of
credit
cards.
The
Company
also
provides
debit
card,
business-to-business
purchasing
card,
check
guarantee,
check
verification
and
recovery,
and
terminal
management
services.
These
services
are
marketed
to
customers
within
the
merchant
services
and
the
funds
transfer
business
through
various
sales
channels.
The
Company's
services
are
provided
in
the
United
States,
Canada,
and
Europe. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Payments,
Inc.
is
a
world-wide
provider
of
electronic
transaction
processing,
information
systems,
and
services
for
the
financial,
corporate,
government,
and
merchant
communities.
For
the
fiscal
year
ended
5/31/01,
revenues
increased
4%
to
$353.2
million.
Net
income
decreased
28%
to
$23.7
million.
Revenues
reflect
the
inclusion
of
sales
from
CIBC's
merchant
acquiring
business.
Earnings
were
offset
by
a
$4.9
million
restructuring
charge
and
a
$5
million
loss
on
an
investment. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Yellowlees, 61 | Chairman | Paul Garcia, 48 | Pres,
CEO, Director | James Kelly, 38 | CFO | Thomas Dunn, 43 | COO | Barry Lawson, 54 | CIO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|