Atlanta-based Global Payments has inked a definitive agreement to acquire NJ-based Heartland Payment Systems.
The cash-and-stock transaction is valued around $4.3 billion.
International purchase transactions (PTX) for Visa and MasterCard credit and debit cards grew by 18.0% year-on-year (YOY) in the third quarter (3Q/15). International PTX for credit cards increased 11.9% YOY while international PTX for debit cards soared 28.9% YOY in 3Q/15.Details
Total U.S. gross accounts (GAC) in the third quarter (3Q/15) for Visa, MasterCard, American Express and Discover was up 7.1% year-on-year (YOY). At the end of 3Q/15, there were 491.0 million U.S. credit GAC compared to 458.3 million for 3Q/14.Details