Global Payments Wins Top Internet Card Processing Award from MasterCard Worldwide
HONG KONG, Nov. 26 /PRNewswire-Asia-AsiaNet/ --
Global Payments Asia-Pacific Limited ("Global Payments") was recently named
by MasterCard Worldwide as its Top Processing Partner for the Global WebPay(TM)
product that leverages the MasterCard Internet Gateway Service (MiGS) for online
card processing. Global Payments was chosen from more than 69 bankcard acquirers
that use MasterCard's Internet gateway today across Asia Pacific, the Middle East
and Africa.
(Photo: http://xprnnews.xfn.info/Global_Payment/20081126/Award.htm )
Global Payments' win is attributed to Global WebPay's unique solution that
provides online merchants with the capability to process multi-country, multi-
sales channel and mult-currency card transactions. The Global WebPay product
offers merchants a Web-based user interface to integrate their online stores,
call centers and IVR sales through a single connection. This single interface
requires minimal integration which significantly reduces operating costs and
allows merchants to seamlessly integrate all their card-not-present transactions
across multiple jurisdictions in Asia. Global WebPay is currently available in 9
Asian markets: Hong Kong, Brunei, India, Malaysia, the Maldives, the Philippines,
Singapore, Sri Lanka and Taiwan. This product offers online merchants more than
50 transaction currencies and ten payment currencies, thereby allowing merchants
to receive funding in local Asian currencies and minimize forex related costs.
"We are proud to win this top industry accolade for our Internet payment
processing product from MasterCard Worldwide. This award is in recognition of our
leadership in delivering innovative and competitive payment products to Internet
merchants for increased sales and greater efficiency. By utilizing Global WebPay,
merchants can take advantage of our domestic acquiring service and local currency
funding across several Asian markets without being impacted by cross border
assessments," said Managing Director, Global Payments Asia-Pacific Limited., Ian
Courtnage.
About Global Payments Asia-Pacific Limited
Global Payments Asia-Pacific Limited (Global Payments), currently serving
merchants in 11 countries and territories across Asia, is the largest pan-Asian
card processing company in the region. The company is a strategic joint-venture
partnership between Global Payments Inc. (NYSE:GPN), a leading worldwide payment
processor and The Hongkong and Shanghai Banking Corporation Limited. The company
brings a new level of innovation to merchant services in the region with an
expanded range of innovative payment solutions, industry-leading merchant
reporting tools, and unparalleled merchant services. Global Payments has
established a strong presence in the Asia-Pacific region and now operates in 11
countries and territories, namely, Brunei, China, Hong Kong, India, Macau, the
Maldives, Malaysia, the Philippines, Singapore, Sri Lanka and Taiwan. For more
information about the company and its services, please visit
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.
Media Relations Contact:
Christine Li
Tel: +852-3529-5853
Email: christine.li@globalpay.com
SOURCE Global Payments Asia-Pacific Limited
__________________________________________________________________________________________
NEWS 
