As per the agreement, Global Payments will acquire Ezidebit for about USD 276 million (AUD 305 million). The transaction is expected to close during the Q2 2015.
Global Payments is a world provider of payment technology solutions for merchants, value added resellers, enterprise software providers, financial institutions, government agencies, multi-national corporations and independent sales organizations located throughout North America, South America, Europe and the Asia-Pacific region.
Founded in 1998, Ezidebit is an Australia-based non-bank merchant acquirer and integrated technology-enabled payment solutions company. Ezidebit focuses on enabling Australian and New Zealand merchants to process payments through a variety of means, including direct debit, BPAY and ecommerce payment solutions. Ezidebit focuses on specific vertical market segments, such as recurring payments, including childcare and health and fitness.
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