Company Snapshot: Global Payments Inc.
Background Info About the Breached Payments Processor
Global Payments Inc. [NYSE:GPN] is based in Atlanta, GA., but has operations in other U.S. cities and an international presence in Canada, the United Kingdom and mainland Europe, and Asia-Pacific.
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The company provides acquiring, processing, network communications, Internet and gaming services, and money transfer services to and for consumers, merchants and businesses, financial institutions and government agencies. It also provides business-to-business payment card and processing services, such as cash management, financial electronic data interchange, management information and reporting services.
According to the Nilson Report, a trade newsletter on the payments industry, Global Payments is the seventh-largest U.S. payments processor, processing billions of transactions in 2011. [Heartland Payment Systems, the processor breached in 2008, is listed as sixth-largest].
In 2011, the company had 3,753 employees and reported annual revenue of $1.86 billion.
Global Payments is led by Paul Garcia, the company's chairman and CEO; David Mangum, who serves as the executive vice president and chief financial officer; and Morgan Schuessler, the company's chief administrative officer who also serves as an executive vice president.
Sources:
- Hoovers;
- Global Payments Inc.; and
- The Nilson Report
