Global Payments joins partnership to establish Payment Innovation Hub in Barcelona
Global Payments Inc., a leading provider of payment technology services worldwide, is partnering with CaixaBank, Visa, Samsung and Arval, to create a Payment Innovation Hub in Barcelona. This hub will be amongst the first such body established, and will bring industry leaders together from around the world in an attempt to further disrupt the Ecommerce trend, creating new and innovative payment solutions and purchase experiences in line with “evolving technology and market trends”, according to Global Payments’ press release.
Global Payments’ share price has risen by 31% so far this year
SOURCE: Yahoo Finance
The hub’s many experts will bring a multidisciplinary approach to the problems of Ecommerce’s evolution. They will include R&D, Technology, market analysis and business development specialists, as well as much more. Some of the areas they are looking to explore include the Internet of Things, omnichannel payment solutions, and “virtual channels”.
Frank Young, senior vice president of Global Product and Innovation for Global Payments, said: “The culture, infrastructure and spirit of entrepreneurship in Barcelona serve as the perfect backdrop for Global Payments and our fantastic roster of partners to foster innovation. This initiative reinforces our company’s position as a leader in technology-led, software-driven payment solutions and sets the course for the future of payment innovation.”
Dominion holds Global Payments in its Global Trends Managed Fund.
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