Global Payments embarks on its digital transformational journey with Google
By Pavithra R
Global Payments, a leading pure-play payments technology company delivering innovative software and services, has announced an expansive multi-year partnership with Google to deliver innovative cloud-based products and capabilities, enabling best-in-class digital merchant customer experiences globally.
Under the collaboration, Global Payments will migrate its merchant acquiring technology to Google Cloud, and will provide merchant acquiring services to Google to extend its global market reach. By this integration, Global Payments is looking forward to maintaining the highest level of reliability, scalability, and security, while boosting its speed of innovation and ability to seamlessly deploy transaction services on-demand worldwide. Additionally, the companies will be launching a series of strategic go-to-market and co-sell activities together.
“We are delighted to embark on this transformational journey with Google to further enhance our industry-leading merchant solutions ecosystem with additional scale, reach and speed of market to seamlessly deliver new innovative, digital technologies to customers worldwide. This unique partnership will accelerate our technology-enabled, software-driven strategy and further enhance our position as the partner of choice for all manner of merchants worldwide,” said Jeff Sloan, Chief Executive Officer, Global Payments.
The companies will collaborate on product development and innovation to further enhance and differentiate the suite of cloud-based solutions available to merchant customers on Google Cloud. The partnership builds on Global Payments’ competitive advantages as a leading payments technology company globally. Its merchant customers will be able to digitally access a robust value stack of software-as-a-service offerings, including data and analytics, payments, omnichannel ordering, collaboration suite, loyalty, email marketing, online presence and reputation management, gift card, point-of-sale, capital access and payroll solutions.
“As digital commerce evolves, Global Payments is building its computing and merchant solutions capabilities on Google Cloud. This partnership will help merchants run and grow their businesses globally with speed, scale, and innovation. Together, we’re excited to support customers in turning their business and technology aspirations into reality,” said Thomas Kurian, CEO of Google Cloud.
Established since 1967, Global Payments is a provider of cutting-edge payments and software solutions to help businesses simplify commerce and cultivate their vision of success. The firm has created a differentiated model in the payments technology landscape, reinforcing its view that not all payments companies are created equal.
IBSi Daily News Analysis
January 16, 2024
America
Egypt among top remittance recipient countries in 2023: World Bank
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage