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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alphabet Inc | NASDAQ:GOOG | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.81 | -1.49% | 185.38 | 185.25 | 185.28 | 190.34 | 185.12 | 188.96 | 12,745,099 | 22:42:04 |
From Jul 2019 to Jul 2024
By Dave Sebastian
Alphabet Inc.'s Google has tapped Global Payments Inc. as its merchant-payments provider, in a new multi-year partnership between the two companies, they said.
Global Payments, a payments-technology company, will migrate its merchant-acquiring technology to Google Cloud, the companies said Monday. The two companies would start go-to-market and co-sell activities together, as well as collaborate on product development, they said.
The deal would drive revenue and lower operating costs, Global Payments Chief Executive Jeff Sloan said.
Global Payments on Monday reported higher fourth-quarter profit despite lower revenue as it cut costs.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
February 08, 2021 07:25 ET (12:25 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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