25 May 2020
BRISBANE – International payment technology services provider Global Payments is
spearheading a new domestic merchant acquiring strategy in Australia with an innovative and
secure solution, amid the withdrawal of some financial institutions from the sector.
There are around 50 payment facilitators in Australia and New Zealand with a combined total
transaction value in excess of $108billion per year.
“Global Payments is focused on bringing competition and innovation to the Australian market as
an acquirer,” said Mark Healy, Managing Director Global Payments, Australia and New Zealand.
“We are uniquely positioned to offer clear competitive advantages over other acquirers,
providing more choice for payment facilitators as an alternative acquirer from the big banks, like
Macquarie, National Australia Bank and Westpac, which have all reconsidered their support to
the broader payment industry.
“Global Payments offers the only solution enabling payment facilitators to have all functionality
under one roof, including BPAY, direct entry, EFTPOS and credit card acceptance.
“Previously, payment facilitators would need to invest significant time and resources to manage
the complexity of each functionality with separate suppliers. Furthermore, with multiple supplier
relationships, payment facilitators are unable to leverage this to drive pricing discussions.”
Mr Healy said Global Payments has access to a global network of payments platforms that
allows payment facilitators to tap into many resources to grow their business.
“This allows us to provide more options to customers in terms of how they take payments and
innovate and co-create with them to solve complex payment needs,” he said.
“We are also committed to keeping our payment facilitator data confidential, unlike other
acquirers that may use this data at their discretion.”
Global payments has appointed experienced payments and finance executive Brent Schmidt as
Specialist Acquiring Lead to manage the acquirer strategy.
Mr Schmidt, who previously held senior banking and payments roles with Westpac, will be
based in the Brisbane head office for Global Payments Australia and New Zealand.
Mr Schmidt said: “As a licensed merchant acquirer and processor, we are in a strong position to
focus and execute innovative and secure solutions, without the barriers of legacy systems and
processes.
“We have the agility of a start-up with the scalability and strong financial and technological
backing of a global corporation.”
U.S.-based Global Payments Inc (NYSE:GPN) entered the Australian marketplace in 2014
through the acquisition of an Australian payments technology company, followed by the
purchase of a payment gateway provider in 2016.
For media enquiries or interview requests with Global Payments Australia & New Zealand please
contact:
Brenton Gibbs
M: 0419 828440
E: brenton@rgcmm.com.au
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading pure play payments technology company
delivering innovative software and services to our customers globally. Our technologies,
services and employee expertise enable us to provide a broad range of solutions that allow our
customers to operate their businesses more efficiently across a variety of channels around the
world.
Headquartered in Georgia with nearly 24,000 employees worldwide, Global Payments is a
member of the S&P 500 with worldwide reach spanning over 100 countries throughout North
America, Europe, Asia Pacific and Latin America. For more information, visit
www.globalpaymentsinc.com and follow Global Payments on Twitter (@globalpayinc), LinkedIn
and Facebook.
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