Global Payments' Payment Card and Check Processing Services Endorsed by Missouri Automobile Dealers Association
ATLANTA, Jan. 26, 2006 -- Global Payments Inc. , a leader in payment processing services, announced today an agreement with the Missouri Automobile Dealers Association (MADA) whereby MADA will recommend Global Payments' card and check transaction processing services to MADA members. In addition to end-to-end payment processing services for credit, debit and purchasing cards, Global Payments will also offer MADA members comprehensive check processing solutions, including the company's custom eHold Check program, electronic check processing, and check guarantee and recovery services.
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"The Missouri Auto Dealers Association is excited to be working with a payment processing leader. We are pleased to offer our members Global Payments' card processing and eHold Check program, specifically designed for car dealers, and their specialized guarantee and recovery services, all valuable benefits to our members," said Executive Vice President of MADA, Sam Barbee.
"Global Payments is thrilled to receive an endorsement from the Missouri Automobile Dealers Association, which confirms our commitment to the automotive industry. We are very pleased MADA has selected our services for its members," said President of Domestic Merchant Processing for Global Payments, Ed Myers.
Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, multi- national corporations and gaming establishments 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, electronic check conversion and check guarantee, check verification and recovery, 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 more information about the company and its services, visit http://www.globalpaymentsinc.com/
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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