Global Payments and Reynolds and Reynolds Sign Agreement to Offer Fully Integrated Payment Solutions to Auto Dealerships
ATLANTA, May 19, 2014 /PRNewswire/ -- Global Payments Inc. (NYSE: GPN), one of the largest worldwide providers of payment solutions, has signed an agreement with Reynolds and Reynolds, a leading developer of automotive dealership management software. This agreement will integrate secure payments technology into the software, permitting Reynolds' extensive customer base of automotive dealerships to process payments through Global Payments. Reynolds and Reynolds software solutions are used in auto dealerships throughout the United States and Canada, streamlining operations, sales, service, networking and data.
Ron Lamb, president of Reynolds and Reynolds, said, "Dealers are looking for the tools that support a familiar shopping experience for consumers. Certainly, one of those tools is secure, efficient payment processing with the dealership. As we looked for payment processing solution partners, we looked for companies that shared our vision for the consumer experience, security and advanced technology. We found this in Global Payments, as well as a company with deep experience in their industry."
"This partnership demonstrates the strength of Global Payments' distribution, combined with a differentiated service offering," stated Eddie Myers, president of Global Payments' Integrated Solutions division. "Our ability to provide a breadth of integrated payment processing products and services is ideally suited to meet the needs of automotive dealerships, especially when combined with the strength of Reynolds' other technology offerings. We continue to expand our technology channel across different vertical markets and segments."
Global Payments' recent acquisition of PayPros has begun to produce early successes, and this agreement positions the company solidly in the automotive space and highlights the strength of the combined PayPros, Accelerated Payment Technologies (APT) and Global Payments offerings.
About Global Payments
Global Payments Inc. is one of the largest worldwide providers of payment solutions for merchants, value added resellers, financial institutions, government agencies, multi-national corporations and independent sales organizations located throughout North America, South America, Europe and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of solutions and services for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. Visit www.globalpaymentsinc.com for more information about the company and its services.
Reynolds and Reynolds is a leading provider of automobile dealership software, services and forms to help dealerships deliver better business results and transform the customer experience. The company is headquartered in Dayton, Ohio; with major operations in Houston and College Station, Texas; and Celina, Ohio.
SOURCE Global Payments Inc.