An Introduction to GPNOctober 2008

2

Topics

• Who we are

• Our business model

• Growth drivers

• North America merchant services

• International merchant services

• Strategy

33

Global Payments Today

• Leading small and mid-market merchant acquirer/processor

– U.S.– Canada– Europe– Asia Pacific

• Money Transfer business– Focus on U.S. and Europe

to Latin America

• Headquartered in Atlanta, GA

• ~5,300 employees, living in more than 20 countries

Revenues >$1.6B

Based on FY 2009 est.

UnitedStates

Europe

Money Transfer

Canada

Asia-Pacific

4

Business Highlights

Years of payment processing experience

Worldwide transactions processed annually

Merchants worldwide

Dollar volume moved annually

>40

>3.7B

~1M

>$295B

5

A Truly Global Player

SlovakiaSlovakia

Atlanta

TorontoToronto

Owings MillsNilesNiles

LasVegasLas

Vegas

MaldivesSri

Lanka

IndiaIndia

ChinaChina

MacauMacau

HongKong

Taiwan

Malaysia

Singapore

Brunei

RussiaRussia

BIHBIH

Philippines

UkraineUkraine KazakhstanKazakhstanPolandPoland

CzechRep.

CzechRep.

UK

DallasDallas

66

Strong Revenue and EPS Growth

$629

$784$908

$1,062

$1,274

04 05 06 07 08

19%CAGR

$0.87

$1.19

$1.54$1.77

$1.98

04 05 06 07 08

23%CAGR

Revenue ($M) EPS ($)

Note: Represents normalized results, which exclude divested businesses and non-recurring items. Please see our earnings press release (filed as exhibits to our Form 8-K) for more information. Reflects the retroactive effect of the company’s October 2005 two-for-one stock split. FY07 includes impact of FAS 123(R).

Fiscal Year Fiscal Year

Our Business ModelOur Business Model

8

Characteristics of Merchant Services Model

• Merchants are end customer

• Provide full-service– Front-end processing– Back-end processing– Customer and other related services– Pricing based on mixture of volume,

transaction and fee based

• Multiple sales channels

• Leverageable infrastructure

• Represents majorityof revenue

• Financial institutions are end-customer

– Reselling our services to merchants

• À la carte service menu with pricing on a per item basis

• Longer sales cycle

• Leverageable infrastructure

Direct Indirect

9

Card Issuer

Begins withConsumer

Merchant

A Typical Direct Merchant Transaction

$100purchase

$2.00chargedby GPN

$1.50fee to Issuer

$0.40fee to GPN

$0.10fee to Assoc.

Note: For illustration purposes only

Growth DriversGrowth Drivers

11

48%48%

U.S.

28%28%

Europe

12%12%Asia Pacific

7%7%Latin America

3%3%Canada

2%2%MEA

Positioned in a Large WorldwidePayments Market…

2007 Worldwide Credit and DebitPurchase Transactions = 64.5 B

Participate in 91% of worldwide transactions

Source: The Nilson Report – December 2007 Issue 893

12

U.S.

Asia-Pacific

Latin America

Mid East/Africa

Worldwide Shift to Card Based Payments

Based on Purchase Transactions

2002 2012

Mid East/AfricaU.S.

42.7 B 133.1 B

Growing at 12% CAGR 2002-2012

Source: The Nilson Report – August 2007 Issue 885

Europe

Asia-Pacific

Canada

Latin America

Canada

Europe

13

U.S. Visa and MasterCard Purchase Volume Growth(% Growth Year over Year)

A Resilient Business

Source: The Nilson Report

$B

$0

$1,000

$2,000

$3,000

$4,000

'84 '86 '88 '90 '92 '94 '96 '98 '00 '02 '04 '06

22% 12% 16% 15% 15%15% 7% 13%27%21%

24% 18%17%

17%17%

15%11%

9%13%

RecessionRecession

RecessionRecession

16%

12%12%

9%

'11F’cast

15%CAGR

‘07

1414

2.3

3.7

1.3

0.6 0.50.10.2 0.2

2.5

U.K. HongKong

U.S. CentralEurope

Asia-PacificJV Regions

RussiaChina IndiaCanada

0.1

Malaysia

Opportunity for Convergence toWestern Card Levels

Source: The Nilson Report – December 2007 Issue 893 (includes all VISA/MC credit and debit cards) and CIA, The World Factbook.

Visa and MasterCard Credit and DebitPayment Cards per Person

North America Merchant Services

North America Merchant Services

16

North America Growth Drivers

• Strong ISO position continues to drive U.S. growth

• U.S. market position levers referral partner status

• Card association rate changes benefits pricing

• Value-added Resellers (VARs)

• Niche products and services in certain vertical markets – Gaming suite of products– Canadian mid-sized gas station product– Chinese sales, service, and statements

offered and supportedU.S.U.S.

• Visa and MC purchase volume: $2.1T

• Growth: 8-12%

CanadaCanada• Visa and MC purchase

volume: C$214B

• Growth: 3-5%

Source: The Nilson Report

17

Well-Positioned in North America

Multiple distribution channels…

• ISO Channel• Direct• Value-added Resellers• Gaming• Check• Trade Associations• Financial Institutions• Telesales

…Strong market share

U.S.12-15%

U.S.12-15%

Canada30%

Canada30%

Note: Revenue share based on outside consultant and company estimates.

18

Our Competitive Advantage

Relationships2Broad product sets3

Quality Services1

Our Value Proposition

19

Small MerchantsSmall Merchants

NationalNational>$10 Million

Average$100,000

Targeted Merchant Market – U.S.

Average$300,000

Size(Annual bankcard volume)

Mid-sizedMerchantsMid-sizedMerchants

Competitors

and Alliances

and Alliances

and Alliances

20

A Leading Presence in Canada

• 1,500 CIBC and National Bank (NBC) referral branches

• Direct sales

• Merchant Associations

• Third party sales forces– ESA– ISO

• Targeted average merchant size: $300K

Note 1: Canadian Payments Association (net retail volume) reported 2006 Visa and MasterCard volume. Market Share based on Global Payments estimatesSource: Canadian Payments Association (net retail volume) and Global Payments estimates.

A C$214 Billion Market(Total Credit Sales Volume1)

Competitive positions based on volume

Other

21

Leads to Diversified Portfolios

U.S. Direct Channel Canada

Average annual bankcard volume of $300K

ApparelBusiness Services

Direct MarketingEducation

Florists

General Retail

Government

Grocery

Healthcare

Professional Services

Wholesalers, Distributors & Manufacturers

Utilities

Transportation

T&ESpecialty Retail

Restaurants

Wholesalers, Distributors & Manufacturers

ApparelBusiness Services

Direct Marketing

Education

Florists

General Retail

Government

GroceryHealthcare

Professional Services

Restaurants

Specialty Retail

T&E

Transportation

Utilities

International Merchant Services

International Merchant Services

23

Key Milestones:Building the International Merchant Business

FY 2006-07• Acquired Diginet (The Balkans)• Entered Ukraine• Acquired 56% ownership of HSBC Asia Pacific

merchants in 10 countries and territories• Entered Kazhakstan• Servicing Hong Kong and Macau merchants out of Toronto

FY 2004-05• Acquired MUZO in Czech Republic• Entered Russia• Entered Poland

FY 2008-09• Acquired 51% HSBC UK portfolio• Acquired 56% ownership of HSBC’s Merchant

portfolio in Philippines• Announced acquisition of United Card Service—

direct merchant acquiring in Russia

24

A Leading International Player

LOCAL REGIONAL

LARGE REGIONAL

INTERNATIONAL

Bank of East Asia

Singularly focused on merchant acquiring in a highly fragmented market

25

International Competitive Advantages

Strong referral partners

Strong reputation with our international clients

Singular focus on merchant payment processing

Full suite of service offerings

26

Entered Western Europe via Joint Venture with HSBC

• Formed a direct merchant acquiring JV with HSBC Bank plcin the United Kingdom

• Global paid $439M cash for 51% ownership

• 10-year marketing alliance and merchant referral agreement– HSBC contributed its merchant business and will retain 49% ownership

in the joint venture

• Acquisition closed on June 30, 2008

27

HSBC Merchant Services – A Strong Platform

• A leading direct merchant and global e-commerce acquiring presence– Joint venture with HSBC

• 1,668 bank referral branches

• >135,000 merchant outlets

• $219M in fiscal 2007 revenue

• 450 employees in the UK

27

2828

Global Payments Central Europe/Russia Today

• Largest indirect payment processor in Czech Republic– Headquartered in Prague

• 38,000 POS Terminals and 2,350 ATMs

• EMV chip card compliant technology

• 300 employees

• Recently announced agreement to enter the direct acquiring market in Russia – United Card Service

Key Markets

2929

Global Payments Asia Pacific Joint Venture Today

• Leading Asia-Pacific direct merchant acquirer– Presence in 11 countries/territories;

including recently added Philippines– > 68,000 merchant outlets

• Joint venture with HSBC– GPN owns 56%– 10-year marketing alliance

• Represents approximately 6% of total GPN revenue

• 434 employees

“JV Regions” represents Brunei, the Hong Kong SAR, India, the Macau SAR, mainland China, Malaysia, Maldives, Philippines, Singapore, Sri Lanka, and Taiwan.

India

Sri LankaMaldives

Singapore

Malaysia Brunei

Macau

Hong Kong

Taiwan

China

Philippines

30

International Growth Strategy

Acquire merchantportfolios

Roll out new productand services

Leverage infrastructure

Expand existingchannels

StrategyStrategy

3232

Consistent Strategy Drives Future Growth

11Maximizelong-term

returns

22Invest in

technologyand people

33Expand corebusinesses

globally

33

Customer Service

Front- and Back-End Defined Today

Settlement&

File Delivery

Internal ReportsGA@

Merchant’sBank

Merchant Associations

Real-Time&

Batch ProcessingDial

DSL

FrameRelay

Front EndEast/Central

Front-End Back-End

34

Investing and Leveraging Front-End System

Czech Rep.

Atlanta

Toronto

Charlotte

Maldives Sri Lanka

India

China

Macau

Hong KongTaiwan

Malaysia

Singapore

Brunei

Russia

Philippines

Front End platform

3

1 Macau and Hong Kong2 US3 HKRCC (Sri Lanka, Philippines, Singapore, Brunei, Maldives)4a Canada4b Malaysia, China, India, and Taiwan5 UK (Domestic platform, International Acquiring)6 MUZO--TBD7 UCS--TBD

1

2

4a4b

5HKRCC

UK

35

Consolidating Our Back-End System

Charlotte

Maldives Sri Lanka

India

China

Macau

Hong Kong

Taiwan

Malaysia

Brunei

Singapore

Philippines

1 Macau completed2 Hong Kong completed3 HKRCC (Sri Lanka, Philippines, Singapore, Brunei, Maldives)4 Malaysia, China, India, and Taiwan5 UK (Domestic platform, International Acquiring)6 MUZO--TBD7 UCS--TBD

Back End platform

Primary Back End platform (MAS)

1

2

43

5

HKRCC

Czech Rep.

RussiaUK

36

Providelong-term

revenue growthand earnings

accretion

Providelong-term

revenue growthand earnings

accretion

Focused Acquisition Strategy

High profit, high growthsegments

International and Domestic

Companies with strong market presence and management team

Leverage:– management experience– infrastructure– balance sheet– distribution channels

37

Geographic Area Type of Acquisition

Target Markets

• Focusing on direct merchant acquiring• Countries surrounding Russia

• SEPA 2008—Banks are rationalizing – Non-JV countries– JV countries

• Other HSBC relationships– Other bank portfolio acquisitions

• Bank Portfolios – Non-JV countries– JV countries

• Other HSBC relationships– Other bank portfolio acquisitions

WesternEurope

EasternEurope

AsiaPacific

• Technology companies– Integrated solutions

• Bank alliances

NorthAmerica

SummarySummary

3939

Expandingworldwide

markets

Solidfootprintin key

markets

Focusedpayments strategy

Leverageableinfrastructure

Consistentexecution

Why Invest in Global Payments