10/15/2001

Global Payments Inc. to Offer Web-based, Multi-Currency Payment Processing

ATLANTA, GA (October 15, 2001) - Global Payments Inc. (NYSE:GPN) a leading provider of electronic processing services, announced today a marketing referral agreement with Planet Payment^® to offer real-time, multi-currency Internet payment processing services to Global customers. Global merchants can now enjoy the benefits of multi-currency processing through a comprehensive product offering that includes a separate multi-currency merchant account, advanced payment gateway technology and value-added products and services.

Global merchants will have the ability to accept international credit card payments in over 130 currencies and still settle in their choice of five major settlement currencies: US Dollar, Australian Dollar, Canadian Dollar, Euro, or Hong Kong Dollar, providing a complete end-to-end multi-currency processing solution for all international payment services. "Our agreement with Global Payments allows Global merchants to take advantage of international opportunities and the anticipated growth of the Internet. Now merchants can offer their products and services in any country, display pricing in the local currency yet be funded in their own without the risk of currency fluctuations," said Tom Deluca, vice president of marketing for Planet Payment.

"Global Payments' strategic partnership with Planet Payment represents our commitment to bringing our customers innovative solutions to help them maintain a competitive edge," said Chief Information Officer, Barry Lawson, Global Payments Inc. "This partnership allows our customers to take advantage of the strengths of both companies thereby gaining the ability to compete more effectively in a global economy," he added.

Planet Payment is a global leader in providing multi-currency Internet payment solutions to merchants, technology companies and financial institutions worldwide. Planet Payment's affordable solution enables Internet merchants to securely accept Visa®, MasterCard®, American Express® and other major debit and credit cards in a secure, real time environment, and in over 130 currencies - whether the buyer is using a personal computer, mobile telephone, or other wireless device. Planet Payment can be reached on the web at www.planetpayment.com.

About Global Payments Inc.:

Global Payments Inc. is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada and the United Kingdom. Global Payments offers a comprehensive line of payment solutions, including credit and debit cards, business-to-business purchasing cards, gift cards, check guarantee, check verification and recovery, terminal management and funds transfer services.

About Planet Payment:

Planet Payment (www.planetpayment.com) is a global leader in providing multi-currency Internet payment solutions to merchants, technology companies and financial institutions worldwide. Planet Payment's affordable solution enables Internet merchants to securely accept Visa®, MasterCard®, American Express® and other major debit and credit cards in a secure, real time environment, and in over 130 currencies – whether the buyer is using a personal computer, mobile telephone, or other wireless device. The Planet Payment Gateway, powered by Authorize.Net, is compatible with over 100 of the leading shopping cart technologies. Planet Payment can be contacted in the U.S. at 950 Third Avenue, New York, NY 10022 (Tel: +1 212.980.5100). Planet Payment can be reached on the web at www.planetpayment.com.