Article: United States: Global Payments, HSBC Bank Finalize Merchant Services Joint Venture.

Byline: sander03

Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing solutions, announced today it has completed the formation of a joint venture with HSBC Bank plc to provide payment processing services to merchants in the United Kingdom and Internet merchants globally. The joint venture, HSBC Merchant Services, will provide merchant acquiring services to over 135,000 merchant outlets.

"We are honored to have been chosen by HSBC for this important joint venture. The growth prospects in the United Kingdom and throughout Europe are encouraging, and having HSBC as our partner for payment card processing makes the ...

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