Global Payments Inc.
Oct 19, 2016

Global Payments Announces Full Support for Android Pay in Hong Kong

HONG KONG & ATLANTA--(BUSINESS WIRE)-- Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, is pleased to offer merchants in Hong Kong the ability to accept Android Pay™, which will enable more payment choices for Android mobile users in-store and in-app.

Android Pay is a digital mobile wallet which is easy to setup and use. Customers can download the Android Pay app and add an eligible credit or debit card. Simply tap the Android smartphone on any contactless terminal and the payment is sent for authorization. Android Pay is designed to align with industry tokenization standards. Actual credit or debit card numbers will not be sent, and virtual account numbers are securely created for transactions. Details of a customer's card information are not released to the merchant, and customers are notified immediately when a purchase is made.

Global Payments allows Hong Kong retail store and mobile app merchants to accept credit and debit card payments from customers with Android Pay. Our in-store merchants can offer customers the convenience of digital wallet payment through contactless readers. Meanwhile, mobile app merchants can minimize cart abandonment rate as customers can skip filling out lengthy shipping and billing details manually.

"Residents of Hong Kong love mobile technology — with nearly 80% owning a smartphone — and are some of the fastest adopters of new products and technology in the world," said Leonie Valentine, Managing Director of Sales and Operations, Google Hong Kong. "We're excited to bring the simplicity and security of mobile payments to Global Payments' merchants in Hong Kong with Android Pay. People can now easily tap and pay with Android smartphones in stores and in apps when they're on-the-go."

"We are thrilled to support the further global expansion of Android Pay in Hong Kong," said Frank T. Young, SVP, Global Product and Innovation. "We look forward to enabling more physical store and mobile commerce merchants in Hong Kong to take advantage of this omnichannel payment innovation."

About Global Payments

Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our technologies, partnerships and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.

Headquartered in Atlanta, Georgia with more than 8,500 employees worldwide, Global Payments is a member of the S&P 500 with merchants and partners in 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil. For more information about Global Payments, our Service. Driven. Commerce brand and our technologies, please visit www.globalpaymentsinc.com.

Global Payments Inc.
Investor contact:
Isabel Janci, 770-829-8478
investor.relations@globalpay.com
or
Media contact:
Amy Corn, 770-829-8755
media.relations@globalpay.com

Source: Global Payments Inc.

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