Global Payments is a payments technology company focused on merchant acquiring — when a customer pays with a card at a store, restaurant, website, or app, Global Payments sits in the middle of that transaction, authorizing it, settling funds, and providing merchants with software and tools to manage their business. Global Payments earns revenue primarily as a percentage of transaction value or as a fixed fee per transaction, keeping the spread after paying interchange to card issuers and network fees to Visa and Mastercard. Beyond transaction fees, Global Payments earns software subscription fees and value-added service fees for capabilities like loyalty, analytics, and chargeback management. The company serves merchants across three segments: SMB (roughly half of revenue), Enterprise (roughly a quarter), and Integrated and Platforms (roughly a quarter). In January 2026, Global Payments acquired Worldpay — a large merchant acquirer with strength in enterprise e-commerce and a managed PayFac platform — while simultaneously divesting its Issuer Solutions business to FIS, repositioning itself as a pure-play merchant solutions provider. Post-transaction, Global Payments serves roughly 6 million merchant locations across 175+ countries and processes approximately $4 trillion in annual payment volume. The company's flagship product is Genius, a cloud-based POS platform integrating payments and business management tools, currently rolling out globally. Global Payments' strategy centers on integrating Worldpay, scaling Genius into new geographies and verticals, expanding its sales force, and embedding AI into authorization optimization, fraud detection, and merchant analytics.