MARKHAM, Ontario--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, and Evolocity Financial Group (www.evolocity.ca), one of Canada’s leading merchant financing companies, today announced the signing of a strategic agreement. Under the referral agreement, Global Payments merchants in Canada can leverage future debit and credit transactions to secure access to funding to reinvest in their businesses with Evolocity’s merchant financing solutions for Small and Medium Enterprise (SME) merchants.
This strategic relationship brings together Evolocity Financial Group’s innovative lending products for the SME market with Global Payments’ robust payment technology solutions to offer a combined platform for growth in the Canadian retail marketplace.
"Our partnership with Evolocity will allow Global Payments to increase our client value proposition and meet the growing demands of our merchants," said René Bélanger, President, Global Payments Canada. "Evolocity Financial Group delivers customized financing products that work seamlessly with our payment processing platform to offer solutions designed to help our merchant clients grow their businesses."
"Global Payments provides best-in-class payment processing solutions, as well as value-added solutions for the Canadian SME market," said Evolocity Financial Group CEO Neil Wechsler. "We are honored to join Global Payments in offering their Canadian clients fast and flexible financing solutions."
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our partnerships, technologies and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.
Headquartered in Atlanta, Georgia with more than 4,300 employees worldwide, Global Payments is a Fortune 1000 Company with merchants and partners in 29 countries throughout North America, Europe, the Asia-Pacific region and Brazil. For more information about Global Payments, our Service. Driven. Commerce brand and our technologies, please visit www.globalpaymentsinc.com.
About Evolocity Financial Group
Evolocity Financial Group offers fast and flexible financing solutions to small &and medium-sized Canadian businesses. With an easy online application process, Evolocity Financial Group is focused on SME merchants and, is a great source of growth capital; quickly. A Canadian owned and operated company, Evolocity understands the cash flow demands of merchants and has developed an innovative approach to SME financing. For more information, please visit www.evolocity.ca.