Software facilitates POS integration efforts.
Press Release Summary:
Global Transport(TM)--Client directly manages transaction hardware and peripheral processing solutions, letting merchants, software developers, VARs, and OEMs use their Point-of-Sale (POS) applications to integrate to payment devices. Developers integrate payment processing into POS applications using OCX or ActiveX programming, and software seamlessly interfaces with Global Transport--Gateway. This lets merchants to process credit, debit, and EBT transactions through one solution.
Original Press Release:
Global Payments Introduces Advanced, Flexible Processing Solution
New software simplifies integration efforts and provides built-in support for Point-of-Sale transaction hardware
ATLANTA, April 10 -- Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing services, today announced the introduction of an advanced, flexible processing solution, Global Transport(TM) -- Client software. Global Transport -- Client software is the next component of the Global Transport(TM) processing solution that enables merchants, software developers, Value Added Resellers and Original Equipment Manufacturers to use their Point-of-Sale (POS) applications to easily integrate to payment devices such as magnetic stripe readers, PCI-PED PIN pads, signature capture devices, and receipt printers.
Targeting the "face to face" retail, grocery, and restaurant markets, the new software enables developers to integrate payment processing into their POS applications using OCX or ActiveX programming. The Global Transport -- Client software seamlessly interfaces with the Global Transport -- Gateway, enabling merchants to process credit, debit and EBT transactions more quickly through a single solution.
"Our new Global Transport -- Client software directly manages the transaction hardware and peripheral processing solutions, eliminating the need for POS software developers to continuously change their applications to keep with up the programming involved to support new transaction hardware. Our customers have told us that they wanted the payment hardware to be managed uniformly and have a single Application Program Interface for moving payment information between the transaction hardware and the POS application," said Dean Giancola, Vice President of Product for Global Payments Inc.
Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, gaming establishments, and multi-national corporations located throughout the United States, Canada, Latin America, Europe, and the Asia-Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines. For more information about the company and its services, visit www.globalpaymentsinc.com.
This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, 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 10K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.
Contact: Phyllis McNeill
770 829-8245
phyllis.mcneill@globalpay.com
