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Article: Global Payments Becomes the Largest Independent Merchant Acquirer in Canada.
- Article from:
- PR Newswire
- Article date:
- June 27, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, June 27 /PRNewswire/ --
Global Payments Inc. (NYSE: GPN) announced today it has agreed to acquire National Bank of Canada's Merchant Services business and form a ten-year alliance for marketing merchant payment- related products and services to National Bank's customers. This transaction, which is subject to normal Canadian regulatory approvals, will make Global Payments the largest publicly traded, independent MasterCard and Visa acquirer in Canada and will give Global Payments the capability to provide Canadian businesses one source for all of their Visa, MasterCard, debit and other payment processing requirements.
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