This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Global Payments Continues Focus On Mobile Payments In The UK

Stocks in this article: GPN

LONDON, March 28, 2013 /PRNewswire/ -- Global Payments is further strengthening its mobile payment offerings in the UK following the latest roll-out of Intuit Pay, an integrated mobile payment solution provided by Intuit.

(Logo: http://photos.prnewswire.com/prnh/20010221/ATW031LOGO )

Global Payments is now a partner of choice for three major UK mobile payments providers, which include previously announced agreements with O2 and hibu. All three solutions offer businesses an affordable and flexible way to accept card payments using a smartphone or tablet. The addition of Intuit to the marketplace is a significant step toward the more widespread adoption of mobile payments among small businesses in the UK.

Intuit Pay is fully chip and PIN compliant and allows small businesses and individuals to accept card payments with their mobile phone, using a dedicated reader and downloadable app. Generally available in the UK since March 2013, Intuit Pay was recently featured as iTunes Editor's Choice App of the Week and reached number six in the iTunes Business App Store. Intuit was also awarded Best SMB Innovation at the 2013 PYMNTS.com Innovator Awards.

"Our goal is to help small merchants run their businesses more cost effectively and efficiently using the latest payments technology, regardless of their size or budget," said Chris Davies, Managing Director Global Payments. "We believe the Intuit launch is the latest step in a series of progressive developments for the mobile payments market, and has the potential to open up an entirely new customer base for small businesses."

About Global PaymentsGlobal Payments is HSBC Bank plc's preferred supplier for card processing in the UK.

Global Payments in the UK (formerly HSBC Merchant Services) was acquired by Global Payments Inc. in 2009 and specialises in card payment processing for merchants ranging in size from multinationals to owner-managed businesses. Every year Global Payments Inc. processes billions of transactions for over one million merchant locations worldwide.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs