Global Payments Introduces Petroleum @dvantage Rigger Lite in Canada
Innovative payment card processing solution offers a flexible oil and gas application for small and mid-sized automotive and petroleum retailers
ATLANTA, March 23 -- Global Payments Inc. , a world leader in electronic transaction processing solutions, announced the introduction of Petroleum @dvantage Rigger Lite, which operates on the Keycorp K26 terminal and offers a new customized payment card processing solution to small and mid-market petroleum and automotive retailers in Canada.
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With Petroleum @dvantage Rigger Lite, smaller Canadian merchants will now benefit from an industry-leading processing solution previously only available to national retailers.
Packaged in a cost-effective, plug and play point-of-sale (POS) application, the new Global Payments' product is designed to be flexible and adaptable to a merchant's specific needs for processing petroleum and automotive payment card transactions.
"Delivering industry-specific solutions to our Canadian customers, so that they can accept payment cards more efficiently and cost-effectively, and thereby help grow their business, is our leading objective," said Executive Vice President & Chief Marketing Officer of Global Payments, Jeffery C. McWey.
Petroleum @dvantage Rigger Lite features include a PIN Pad and all-in-one terminal / printer that allows merchants to accept VISA(R), MasterCard(R), American Express(R) and Interac(R) Direct Payment transactions and a wide variety of fleet and commercial cards.
The product and the receipt can be customized to capture and communicate business-specific information such as fuel type, product description, associated tax information and price per litre. Petroleum @dvantage Rigger Lite also offers the ability to expand payment card processing services as the merchant grows.
According to Managing Director of Keycorp, Canada, Paul E. DeRosse, "Keycorp is committed to providing superior solutions and leading-edge terminals to Global Payments and its Canadian merchants. We are pleased that Global has expanded the industry-leading Rigger oil and gas processing solution on our K26 POS platform to meet the needs of smaller petroleum and automotive retailers."
Keycorp Canada Inc., located in Toronto, Ontario, Canada is a wholly-owned subsidiary of Keycorp Limited based in Sydney, Australia. Keycorp Limited is a global provider of secure electronic transaction solutions, from smartcards and point-of-service transaction systems to network carriage and payment engines. For additional information about the company and its services, visit http://www.keycorp.net/ .
Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi- national corporations located throughout the United States, Canada, Latin America and Europe. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, the Philippines and India. For additional information about the company and its services, visit http://www.globalpaymentsinc.com/ .
Global Payments and @dvantage are registered trademarks of Global Payments Inc. all other trademarks, registered trademarks, product names identified or mentioned are the property of their respective owners.
This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.
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