Moody's affirms Global Payments' senior unsecured rating of Baa3; outlook stable
Rating Action: Moody's affirms Global Payments' senior unsecured rating of Baa3; outlook stable. Global Credit Research- 18 Sep 2019. New York, September 18, 2019-- Moody's Investors Service affirmed Global Payments Inc.' s senior unsecured rating of Baa3.Global Payments is a pure play payment technology company providing payments and software solutions to merchants and financial institutions. The company has three segments: Merchant Solutions, which includes authorization services, chargeback resolution, and payment security services; Issuer Solutions, which provides solutions that enable financial institutions and other financial service providers to manage their card portfolios and reduces technical difficulty and overhead on a single platform; and Business and Consumer Solutions, which provides general purpose reloadable prepaid debit and payroll cards, demand deposit accounts and other financial service solutions through its Netspend? brand.
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