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Global Payments seeks to introduce $699 annual fee amid intensifying competition

Payments Dive +1 · ·by G4L

GPN
GPN Global Payments Inc
$97.77 +0.38%
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  1. 1Global Payments plans to implement a $699 annual fee for merchant customers starting next month.
  2. 2Global Payments completed the acquisition of Worldpay for $24.25 billion less than a year later.
  3. 3Third-quarter bookings for the Genius brand more than doubled.

So what's the key point?

Global Payments is planning to charge customers a $699 annual fee starting next month. Following the acquisition of Worldpay, bookings for the Genius brand have more than doubled.

Source Payments Dive +1 · View original ↗

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