PAI signs for Global Payments processing services

Source: Global Payments

Global Payments Inc. (NYSE:GPN), a leader in payment processing services, today announced an agreement with Payment Alliance International, Inc. (PAI), one of the emerging leaders in the payments sector.

Under the terms of the agreement, Global Payments will provide PAI with end-to-end processing services including authorization, capture, settlement, and BIN sponsorship.

"In a fast changing business like ours, you need a processing partner with the power and speed to give you an edge," said John J. Leehy III, President and CEO of Payment Alliance International, Inc. "For us, Global Payments is that partner!"

"Global is very pleased with the opportunity to be associated with such an innovative organization and impressive management team. We look forward to supporting their growth initiatives through products and services that are specifically designed for PAI," said Chairman, President and CEO of Global Payments, Paul R. Garcia.

Payment Alliance International, PAI, is an emerging leader in the Payments sector offering credit card and check processing, as well as other services like ATM and analysis products. Created by leading payment executives, PAI is poised to become one of the fastest growing companies in America. PAI is based in Louisville, Kentucky.

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