Global Payments Announces Support for Apple Pay in China

BEIJING & ATLANTA--(Business Wire / Korea Newswire)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, is pleased to offer merchants in China the ability to accept China UnionPay payments made with Apple Pay™, which is transforming mobile payments with an easy, secure and private way to pay.

Global Payments is fully enabled for Apple Pay acceptance, allowing merchants to offer their customers the convenience of paying quickly and easily with Apple Pay in-store.

“Global Payments is pleased to offer merchants the ability to accept Apple Pay in the important China market,” said Frank T. Young, SVP, Global Product and Innovation. “Our continued commitment to leading payments technology across the globe allows us to be at the forefront in delivering this innovative payments solution to merchants in the markets that we serve.”

Security and privacy are at the core of Apple Pay. The solution is designed to leverage Touch ID authentication, as well as a unique Device Account Number that is assigned, encrypted and securely stored in the Secure Element of the Apple device, ensuring actual card numbers are not stored on the device or on Apple servers. Further, each transaction is authorized with a one-time unique dynamic security code.

Apple Pay is easy to set up and users will continue to receive all of their card rewards and benefits. In stores, Apple Pay works with Apple Watch and iPhone 6, iPhone 6 Plus, iPhone 6s and iPhone 6s Plus. When paying for goods and services within apps, Apple Pay is compatible with iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro.

For more information on Apple Pay, visit: http://www.apple.com/cn/apple-pay.

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 approximately 4,500 employees worldwide, Global Payments is a Fortune 1000 Company with merchants and partners in 29 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160219005443/en/

Website: http://www.globalpaymentsinc.com

This is a news release distributed by Korea Newswire on behalf of this company.