Global Payments launch mobile payment processing solution

Global Payments Asia-Pacific Limited ("Global Payments"), a joint venture between The Hongkong and Shanghai Banking Corporation Limited ('HSBC') and U.S.-based Global Payments Inc. (NYSE: GPN), has introduced a secure GPRS-powered mobile payment service called Global MobilePay that provides mobile card acceptance capabilities for merchants in the Asia-Pacific region.

Global Payments is one of the first payment processors to launch an extensive mobile payment solution for merchants across Asia. This service is now available in Brunei, China, India, Malaysia, the Maldives, the Philippines, Singapore, Sri Lanka and Taiwan.

Global MobilePay is a sophisticated card acceptance solution that uses GPRS wireless communication network for merchants that need to accept card payments beyond fixed locations or when traditional land line communication does not meet business needs.

Merchants can now conduct face-to-face transactions anytime and anywhere. Through Global MobilePay, Global Payments now provides a comprehensive package that includes a mobile payment terminal; SIM card and GPRS network connectivity through a telecommunications partner, as well as payment processing services.

This new offering from Global Payments is ideal for merchants who need to accept card payments away from a retail countertop, such as cash-based delivery service providers or trade show exhibitors.

With Global MobilePay, mobile merchants can now accept electronic payments to improve customer service and reduce the cost of handling cash significantly.

For merchants in hospitality industries, Global MobilePay can help enhance customer payment experience. Hotels can use this payment solution.