Partnerships / Acquisitions

Global Payments And American Express Team To Target Small Merchants In UK

Global Payments, the payment technology services provider, and American Express announced Monday (Nov. 14) an agreement in which Global Payments will provide payment acceptance solutions to American Express small merchants in the U.K.

In a press release, the companies said the technology solutions include payment processing, settlement, reporting, support and statementing services on behalf of American Express.

“We are excited to be the first U.K. partner to roll out this new enhanced American Express processing model, which offers small businesses a best-in-class service proposition,” said Chris Davies, president of Global Payments Europe, in the press release. “This is a fantastic addition to what is already a leading product and service proposition. It allows us to provide American Express small merchants with a single and comprehensive solution.”

Meanwhile, Mike Jackson, VP of merchant services U.K. at American Express, said providing a single contact for all of a small merchant’s processing and servicing needs will help it focus on running its business rather than worrying about payments.

While Global Payments and American Express are partnering in the U.K., that doesn’t mean Global Payments isn’t looking at expanding in the U.S. as well. In August, it announced it was expanding into the southeast of the U.S., and it is planning on adding 200 jobs in the Atlanta area. The jobs are designed to increase its research and development presences in the States. There’s also a movement to bring its headquarters and c-level executives to Atlanta. Additional jobs will include business analysts and software developers. In a report this past summer, Global Payments Chief Operating Officer David Mangum said the lure to expand in the southeast comes in tandem with high-tech workers. The report noted that, given Global Payments is hiring 200 workers, it will be eligible for more than $3 million in state tax credits.

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