Investment Thesis
Global Payments delivers merchant acquiring, software-led payments, and issuer processing. Integrated payments, vertical SaaS, and exposure to digital wallets fuel mid-teens EPS growth.
- Software + Payments: Vertical applications embed payments in healthcare, education, and ISVs.
- Issuer Solutions: TSYS platform processes for banks and fintechs worldwide.
- M&A Synergies: EVO and other deals expand geographies and SMB reach.