Global Payments Board Approves Share Repurchase Program



    ATLANTA, April 5 /CNW/ -- Global Payments Inc. (NYSE:   GPN) announced
today that the company's Board of Directors has approved a share repurchase
program that authorizes the purchase of up to $100 million of Global Payments'
stock.  Under this new authorization, Global Payments may repurchase shares in
the open market or as otherwise may be determined by the company, subject to
market conditions, business opportunities, and other factors.  The company has
no obligation to repurchase shares under this program and currently intends to
use this authorization as a means of offsetting dilution from the issuance of
shares under employee benefit plans. This authorization has no expiration date
and may be suspended or terminated at any time.  Repurchased shares will be
retired, but will be available for future issuance.
    
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )
    
    Chairman, President and CEO, Paul R. Garcia, stated, "Global Payments has
a business model that generates strong, recurring levels of cash flow.  In our
plan to deliver long-term value for our shareholders, we continue to believe
that our best use of cash is to complete strategic acquisitions and make
planned capital investments in our company.  In addition, this share-
repurchase authorization and our existing dividend program allow us the
ability to return a portion of our cash flow to our investors."
    Global Payments Inc. (NYSE:   GPN) is a leading provider of electronic
transaction processing services for consumers, merchants, Independent Sales
Organizations (ISOs), financial institutions, government agencies and multi-
national corporations located throughout the United States, Canada, Latin
America, Europe and the Asia-Pacific region.  Global Payments offers a
comprehensive line of processing solutions for credit and debit cards,
business-to-business purchasing cards, gift cards, electronic check conversion
and check guarantee, verification and recovery including electronic check
services, as well as terminal management.  The company also provides consumer
money transfer services from the U.S. and Europe to destinations in Latin
America, Morocco and the Philippines.  For more information about the company
and its services, visit www.globalpaymentsinc.com.

    This announcement may contain forward-looking statements pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of
1995.  These forward looking statements involve risks and uncertainties such
as product demand, market and customer acceptance, the effect of economic
conditions, competition, pricing, development difficulties, foreign currency
risks, costs of capital, continued certification by credit card associations,
the ability to consummate and integrate acquisitions, and other risks detailed
in the Company's SEC filings, including the most recently filed Form 10-Q or
Form 10K, as applicable.  The Company undertakes no obligation to revise any
of these statements to reflect future circumstances or the occurrence of
unanticipated events.

    
    Contact: Jane M. Elliott
    770-829-8234 Voice
    770-829-8267 Fax
    investor.relations@globalpay.com

    




For further information:

For further information: Jane M. Elliott of Global Payments Inc., 
+1-770-829-8234, investor.relations@globalpay.com Web Site:
http://www.globalpaymentsinc.com/

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