Key Data

• • Trading Name: Global Payments
  • Legal Entity: GPUK LLP
    Global Payments U.K.
  • Activities:  payment institution
  • Location: United Kingdom, Slovakia, Austria
  • Regulations:  registered as a PSD agent by the UK Financial Conduct Authority (FCA) with the reference number 714439.

Global Payments is a trading name of GPUK LLP, a payment institution registered as a PSD agent by the UK Financial Conduct Authority (FCA) with the reference number 714439. GPUK LLP is a limited liability partnership registered in England number OC337146.

The Global Payments domains www.globalpayments.inc.com and www.globalpay.com redirect to www.globalpayments.at, which is operated by Global Payments s.r.o., a payment processor authorized by the Czech National Bank.

The members are Global Payments U.K. Limited and Global Payments U.K. 2 Limited. Global Payments is also a trading name of Pay and Shop Limited, a limited company registered in Ireland.

The Global Payments group in the UK & Ireland is part of the U.S. registered Global Payment Inc, a payment software company based in New York.

According to the information provided on its website, Global Payments is HSBC’s preferred supplier for card processing in the UK.

Offering

Global Payments credit card processing offers a full range of payment services for in-person, online, and mobile transactions.

Their service includes:

• Merchant Accounts
• International Processing
• Unified Commerce Platform
• Payment Gateway
• Subscriptions & Recurring Billing
• Credit Card Terminals & Point Of Sale (POS) Systems
• Mobile Payments
• Industry-Specific Solutions

Fees

Global Payments does not disclose any pricing information on its website

The company generally offers either interchange-plus or membership pricing to all new merchants, even small business owners. However, it doesn’t disclose this policy on its website. There’s always the possibility (particularly with an independent sales agent) that you’ll be offered a more expensive tiered pricing plan if you don’t insist on interchange-plus.

Contracts

Merchant accounts from Global Payments include a standard three-year initial term, plus an automatic renewal clause that extends the contract for one-year periods after that. The standard contract also contains an early termination fee (ETF) that you’ll have to pay if you close your account early. This fee ranges from $100 to $500, with $250 being the most common. However, some contracts include a liquidated damages clause that can result in an even higher penalty for getting out of your contract.

Reviews

On Trustpilot, Global Payments has an “Average” trust level with a 3.6-stars rating.

Conclusion

Although we established a connection between Global Payments and the notorious scam facilitator iPayTotal (PC42 profile) we included the payment processor in our “Green Compliance Light” list.

Last update: 2 May 2022.