Exhibit 99.1

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

Global Payments Reports First Quarter Earnings

ATLANTA, September 27, 2007 — Global Payments Inc. (NYSE: GPN) today announced results for its first quarter ended August 31, 2007. For the first quarter, revenue grew 19 percent to $311.0 million compared to $260.3 million in the prior year. Excluding the impact of current period restructuring charges, diluted earnings per share grew 6 percent to $0.54 compared to $0.51 in the prior year quarter.

In accordance with GAAP, the current quarter includes restructuring charges (see attached reconciliation schedule) relating to an operating center consolidation announced in March 2007. These charges are reflected in our GAAP diluted earnings per share amounts. For the three months ended August 31, 2007, GAAP diluted earnings per share was $0.53 compared to $0.51 in the prior year period.

During the current quarter, Global Payments completed $67.9 million in open market repurchases of 1.8 million shares at an average price of $37.27 per share, including commissions paid. As of August 31, 2007, the company had $32.1 million remaining under its current share repurchase authorization.

Comments and Outlook

Chairman, President and CEO, Paul R. Garcia, stated, “We are pleased with our fiscal 2008 first quarter results, which were driven by growth in our merchant services segment. Our revenue growth was primarily driven by continued organic expansion in our domestic ISO channel, as well as the favorable impact from our July 2006 addition of our Asia-Pacific joint venture with HSBC. In addition, our Canadian merchant services channel benefited from a favorable Canadian currency exchange rate. Lastly, our money transfer segment met our expectations for the quarter, and our corporate expenses declined compared to the prior year due to lower equity compensation costs.”

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GPN Reports First Quarter Earnings

September 27, 2007

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Comments and Outlook

“Based on these results and trends, we are providing annual fiscal 2008 revenue guidance of $1,195 million to $1,247 million. This revenue guidance reflects an expected 13 percent to 17 percent growth versus $1,061.5 million in fiscal 2007. In addition, we are providing annual fiscal 2008 diluted earnings per share guidance of $1.87 to $1.96, or 6 percent to 11 percent growth versus $1.77 in fiscal 2007. ¹ This includes the impact of stock option expenses as a result of our June 1, 2006 adoption of FAS 123R. Our guidance excludes the impact of future significant acquisitions, and these earnings per share ranges exclude the impact of potential restructuring and other charges,” said Garcia.

Conference Call

Global Payments will hold a conference call today, September 27, 2007 at 5:00 p.m. ET to discuss financial results and business highlights. The conference call may be accessed by calling 1-877-546-1566 (U.S.) or 1-312-470-7270 (internationally) and using a pass code of “GPN” for both numbers, or via Web cast at www.globalpaymentsinc.com. A replay of the call will be available on the Global Payments Web site through October 11, 2007.

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GPN Reports First Quarter Earnings

September 27, 2007

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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. 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.

¹ Fiscal 2007 diluted earnings per share was $1.75 on a GAAP basis, which includes restructuring and other charges equivalent to $0.02 in diluted earnings per share.

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This announcement and comments made by Global Payments’ management during the conference call contain certain forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including revenue and earnings estimates and management’s expectations regarding future events and developments, are forward looking statements and are subject to significant risks and uncertainties. Among the important factors that may cause actual events or results to differ materially from those anticipated by such forward-looking statements include the following: continued certification by credit card associations, foreign currency risks, competition and pricing, product demand, market and customer acceptance, development difficulties, the effect of economic conditions and consumer spending, security breaches or system failures, costs of capital, changes in immigration patterns, changes in state, federal or foreign laws and regulations affecting the electronic money transfer industry, increases in credit card association fees, utility or system interruptions, 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 10-K, as applicable. The company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME

GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands, except per share data)
	Three Months Ended August 31,
	2007			2006
Revenues	$	310,980		$	260,308
Operating expenses:
Cost of service		116,309			98,190
Sales, general and administrative		127,436			98,591
Restructuring		1,003			—
		244,748			196,781
Operating income		66,232			63,527
Other income (expense):
Interest and other income		5,137			3,596
Interest and other expense		(1,873	)		(2,162	)
		3,264			1,434
Income before income taxes and minority interest		69,496			64,961
Provision for income taxes		(23,783	)		(20,909	)
Minority interest, net of tax		(2,138	)		(2,543	)
Net income	$	43,575		$	41,509
Earnings per share:
Basic	$	0.54		$	0.52
Diluted	$	0.53		$	0.51
Weighted average shares outstanding:
Basic		80,501			79,734
Diluted		81,907			81,576

CONSOLIDATED CONDENSED BALANCE SHEETS

GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)
	August 31, 2007		May 31, 2007
	(Unaudited)
Assets
Cash and cash equivalents	$	270,544	$	308,872
Accounts receivable, net		88,336		76,168
Claims receivable, net		3,341		2,187
Settlement processing assets		26,510		32,853
Other current assets		35,366		24,349
Current assets		424,097		444,429
Property and equipment, net		122,588		118,495
Goodwill		454,459		451,244
Other intangible assets, net		173,213		175,620
Other assets		11,021		10,841
Total assets	$	1,185,378	$	1,200,629
Liabilities and Shareholders' Equity
Lines of credit	$	133	$	—
Settlement processing obligations		14,572		20,617
Payable to money transfer beneficiaries		7,944		6,589
Accounts payable and other accrued liabilities		119,421		115,671
Current liabilities		142,070		142,877
Other long-term liabilities		85,079		85,043
Total liabilities		227,149		227,920
Minority interest in equity of subsidiaries		14,612		14,933
Shareholders' equity		943,617		957,776
Total liabilities and shareholders' equity	$	1,185,378	$	1,200,629

UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW

GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)
	Three Months Ended August 31,
	2007			2006
Cash flows from operating activities:
Net income	$	43,575		$	41,509
Non-cash items
Depreciation and amortization		10,229			9,805
Minority interest in earnings		2,050			2,651
Other, net		7,964			9,554
Changes in working capital, which used cash
Settlement processing assets and obligations, net		(569	)		(7,572	)
Other, net		(25,110	)		(33,587	)
Net cash provided by operating activities		38,139			22,360
Cash flows from investing activities:
Capital expenditures		(9,605	)		(6,929	)
Business acquisitions		(2,625	)		(67,195	)
Net cash used in investing activities		(12,230	)		(74,124	)
Cash flows from financing activities:
Net borrowings on lines of credit		133			49
Principal payments under capital leases		—			(349	)
Repurchase of common stock		(67,873	)		—
Net proceeds under share-based compensation plans and dividends		3,530			5,585
Distributions to minority interests		(2,372	)		(2,530	)
Net cash (used in) provided by financing activities		(66,582	)		2,755
Effect of exchange rate changes on cash		2,345			(888	)
Decrease in cash and cash equivalents		(38,328	)		(49,897	)
Cash and cash equivalents, beginning of period		308,872			218,475
Cash and cash equivalents, end of period	$	270,544		$	168,578

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME

GLOBAL PAYMENTS INC. AND SUBSIDIARIES

Reconciliation to Exclude Restructuring Charges from Normalized Results

(In thousands, except per share data)
	Three Months Ended August 31,
	2007									2006
	Normalized			Restructuring1			GAAP			GAAP
Revenues	$	310,980		$	—		$	310,980		$	260,308
Operating expenses:
Cost of service		116,309			—			116,309			98,190
Sales, general and administrative		127,436			—			127,436			98,591
Restructuring		—			1,003			1,003			—
		243,745			1,003			244,748			196,781
Operating income		67,235			(1,003	)		66,232			63,527
Other income/(expense):
Interest and other income		5,137			—			5,137			3,596
Interest and other expense		(1,873	)		—			(1,873	)		(2,162	)
		3,264			—			3,264			1,434
Income before income taxes		70,499			(1,003	)		69,496			64,961
Provision for income taxes		(24,126	)		343			(23,783	)		(20,909	)
Minority interest, net of tax		(2,138	)		—			(2,138	)		(2,543	)
Net income	$	44,235		$	(660	)	$	43,575		$	41,509
Diluted shares		81,907			—			81,907			81,576
Diluted earnings per share	$	0.54		$	(0.01	)	$	0.53		$	0.51

¹ Restructuring charges consist of employee termination benefits relating to a facility closure. Also reflects the related income tax benefit using the company's effective tax rate, which is defined as the provision for income taxes divided by income before income taxes and minority interest.

SEGMENT INFORMATION

GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)
	Three Months Ended August 31,
	2007			2006
Revenues
Domestic direct	$	167,868		$	135,442
Canada		66,677			60,918
Asia-Pacific		16,064			5,486
Central and Eastern Europe		13,775			13,275
Domestic indirect and other		11,582			12,195
Merchant services		275,966			227,316
Domestic		29,581			29,302
Europe		5,433			3,690
Money transfer		35,014			32,992
Total revenues	$	310,980		$	260,308
Operating income
Merchant services	$	76,106		$	72,961
Money transfer		3,722			4,679
Corporate		(12,593	)		(14,113	)
Restructuring		(1,003	)		—
Operating income	$	66,232		$	63,527