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Global Payments history
Global Payments company history timeline
Since 1967, we've been building industry-leading products to create a uniquely comprehensive suite of technologies and expertise—in payments and beyond.
In 1967, George W. Thorpe, a retired Deputy Director of Intelligence with the US Air Force, conceived a plan to offer specialized data processing services.
Renamed Global Payments Inc. in 2000, we’ve continued our trajectory of growth and innovation.
In 2009, it paid $75 million for United Card Service, Russia's leading credit card processing company.
In 2011, Global Payments's United Card Service bought Alfa-Bank's credit card processing unit.
In October 2012, it acquired the smaller Accelerated Payment Technologies for $413 million.
In October 2014, it purchased Australian payment processing company Ezidebit for $305 million.
In March 2015 Global Payments bought Realex Payments, an Irish-based payments gateway services company for €115 million.
On April 25, 2016, Global Payments completed the acquisition of Heartland Payment Systems for $4.3 billion.
In 2017, Global Payments initiated acquiring divisions of Active Networks.
In 2018, Global Payments completed acquisition of AdvancedMD.
On May 28, 2019, Global Payments announced a $21.5 billion merger with TSYS. The merger is expected to trigger a Federal Trade Commission investigation.
However, it is expected to be revisited in 2021. Its largest deal to date would have been the reported merger with FIS (company), estimated around US$70 billion, but which fell apart at the last minute in December 2020.
*2020 Pro Forma Adj Net Revenue
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Global Payments competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Elavon | 1991 | $550.0M | 4,500 | 11 |
| Citi | 1812 | $74.3B | 210,000 | 1,156 |
| Fiserv | 1984 | $20.5B | 44,000 | 555 |
| Primerica | 1977 | $602.0M | 2,104 | 76 |
| Berkshire Hathaway | 1839 | $371.4B | 360,000 | 301 |
| Legg Mason | 1899 | $2.9B | 3,059 | - |
| TSYS | 1983 | $4.0B | 4,900 | 142 |
| Online Resources | 1989 | $154.7M | 750 | - |
| Zions Ban | 1873 | $2.8B | 10,200 | - |
| Protective Life | 1907 | $131.2M | 3,200 | 44 |
Global Payments history FAQs
Zippia gives an in-depth look into the details of Global Payments, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Global Payments. The employee data is based on information from people who have self-reported their past or current employments at Global Payments. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Global Payments. The data presented on this page does not represent the view of Global Payments and its employees or that of Zippia.
Global Payments may also be known as or be related to GLOBAL PAYMENTS INC, Global Payments, Global Payments Inc and Global Payments Inc.