Exhibit 99.1 2014.8.31

“We are delighted with our performance for the first quarter, which represents an excellent start to our 2015 fiscal year and further demonstrates the success of our focus on solid business execution and disciplined capital deployment,” said Jeff Sloan, Chief Executive Officer. “We continue to expand our direct distribution globally and are enthusiastic about our agreements to acquire Ezidebit and Fidelity National Information Services’ gaming business. Both of these transactions underscore our strategy to drive direct sales growth in attractive markets, deliver innovative products and solutions and leverage technological advantages.”

Cameron Bready, Executive Vice President and Chief Financial Officer, stated, “As a result of our strong first quarter performance and the anticipated closing of the Ezidebit transaction during our fiscal second quarter, we are raising our annual fiscal 2015 revenue outlook to $2.74 billion to $2.79 billion, or 7% to 9% percent growth. In addition we are increasing our outlook for annual fiscal 2015 diluted earnings per share on a cash basis to a range of $4.65 to $4.75, reflecting growth of 13% to 15% over fiscal 2014, and annual fiscal 2015 GAAP diluted earnings per share is expected to be in the range of $3.89 to $3.99. We also now expect annual fiscal 2015 core cash operating margins to expand by as much as 40 basis points.”

Global Payments’ management will host a conference call today, October 2, 2014 at 8:30 a.m. ET to discuss financial results and business highlights. Callers may access the conference call via the investor relations page of the company’s website at www.globalpaymentsinc.com; or callers in North America may dial 877-674-6428 and callers outside North America may dial 970-315-0457. A replay of the call will be archived on the company's website within two hours of the live call.

Global Payments Inc. is one of the largest worldwide providers of payment solutions for merchants, value added resellers, enterprise software providers, financial institutions, government agencies, multi-national corporations and independent sales organizations located throughout North America, Brazil, Europe and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of solutions and services 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. Visit www.globalpaymentsinc.com for more information about the company and its services.

This announcement and comments made by Global Payments' management may 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. Important factors that may cause actual events or results to differ materially from those anticipated by such forward-looking statements include our ability to safeguard our data; increased competition from non-traditional competitors; our ability to update our products and services in a timely manner; potential systems interruptions or failures; software defects or undetected errors; our ability to maintain Visa and MasterCard registration and financial institution sponsorship; our reliance on financial institutions to provide clearing services in connection with our settlement activities; our potential failure to comply with card network requirements; increased attrition of merchants, referral partners or independent sales organizations; our ability to increase our share of existing markets and expand into new markets; unanticipated increases in chargeback liability; increases in credit card network fees; changes in laws, regulations or network rules or interpretations thereof; foreign currency exchange and interest rate risks; political, economic and regulatory changes in the foreign countries in which we operate; future performance, integration and conversion of acquired operations; loss of key personnel; and other risks detailed in our SEC filings, including the most recently filed Annual Report on Form 10-K. We undertake no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.



	Three Months Ended August 31,
	2014			2013			% Change
	(unaudited)
Revenues	$	704,895		$	629,685		11.9	%

Operating expenses:
Cost of service	259,839			230,745			12.6	%
Sales, general and administrative	320,658			291,556			10.0	%
	580,497			522,301			11.1	%

Operating income	124,398			107,384			15.8	%

Other income (expense):
Interest and other income	1,192			3,338			(64.3	)%
Interest and other expense	(11,010		)	(7,879		)	39.7	%
	(9,818		)	(4,541		)	116.2	%

Income before income taxes	114,580			102,843			11.4	%
Provision for income taxes	(30,146		)	(31,135		)	(3.2	)%
Net income	84,434			71,708			17.7	%
Less: Net income attributable to noncontrolling interests, net of income tax	(9,068		)	(7,065		)	28.4	%
Net income attributable to Global Payments	$	75,366		$	64,643		16.6	%

Earnings per share attributable to Global Payments:
Basic	$	1.11		$	0.88		26.1	%
Diluted	$	1.10		$	0.87		26.4	%

Weighted average shares outstanding:
Basic	68,146			73,765
Diluted	68,617			74,289



	Three Months Ended August 31,
	2014			2013			% Change

Revenues	$	704,895		$	629,685		11.9	%

Operating expenses:
Cost of service	241,985			215,773			12.1	%
Sales, general and administrative	323,599			290,060			11.6	%
	565,584			505,833			11.8	%

Operating income	139,311			123,852			12.5	%

Other income (expense):
Interest and other income	1,192			3,338			(64.3	)%
Interest and other expense	(11,010		)	(7,879		)	39.7	%
	(9,818		)	(4,541		)	116.2	%

Income before income taxes	129,493			119,311			8.5	%
Provision for income taxes	(35,430		)	(36,686		)	(3.4	)%
Net income	94,063			82,625			13.8	%
Less: Net income attributable to noncontrolling interests, net of income tax	(10,303		)	(8,436		)	22.1	%
Net income attributable to Global Payments	$	83,760		$	74,189		12.9	%

Earnings per share attributable to Global Payments:
Basic	$	1.23		$	1.01		21.8	%
Diluted	$	1.22		$	1.00		22.0	%

Weighted average shares outstanding:
Basic	68,146			73,765
Diluted	68,617			74,289

(In thousands)



	Three Months Ended August 31,
	2014						2013						% Change
	GAAP			Cash Earnings			GAAP			Cash Earnings			GAAP		Cash Earnings

Revenues:
United States	$	414,042		$	414,042		$	363,833		$	363,833		13.8	%	13.8	%
Canada	89,965			89,965			86,672			86,672			3.8	%	3.8	%
North America merchant services	504,007			504,007			450,505			450,505			11.9	%	11.9	%

Europe	162,787			162,787			143,188			143,188			13.7	%	13.7	%
Asia-Pacific	38,101			38,101			35,992			35,992			5.9	%	5.9	%
International merchant services	200,888			200,888			179,180			179,180			12.1	%	12.1	%

Total revenues	$	704,895		$	704,895		$	629,685		$	629,685		11.9	%	11.9	%

Operating income (loss) for segments:
North America merchant services	$	77,937		$	89,315		$	69,699		$	79,404		11.8	%	12.5	%
International merchant services	73,602			77,137			61,541			68,757			19.6	%	12.2	%
Corporate	(27,141		)	(27,141		)	(23,856		)	(24,309		)	(13.8	)%	(11.7	)%
Operating income	$	124,398		$	139,311		$	107,384		$	123,852		15.8	%	12.5	%



	August 31, 2014			May 31, 2014
	(unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	595,884		$	581,872
Accounts receivable, net of allowances for doubtful accounts of $531 and $401, respectively	206,641			214,574
Claims receivable, net	758			809
Settlement processing assets	1,141,608			780,917
Inventory	5,660			6,636
Deferred income taxes	12,793			12,963
Prepaid expenses and other current assets	43,380			45,673
Total current assets	2,006,724			1,643,444
Goodwill	1,324,374			1,337,285
Other intangible assets, net	511,265			535,173
Property and equipment, net	363,415			369,753
Deferred income taxes	100,813			101,928
Other	32,765			31,067
Total assets	$	4,339,356		$	4,018,650

LIABILITIES AND EQUITY
Current liabilities:
Lines of credit	$	652,157		$	440,128
Current portion of long-term debt	31,250			17,677
Accounts payable and accrued liabilities	248,639			290,106
Settlement processing obligations	634,061			451,317
Income taxes payable	13,390			12,390
Total current liabilities	1,579,497			1,211,618
Long-term debt	1,388,750			1,376,002
Deferred income taxes	209,941			209,099
Other long-term liabilities	90,655			89,132
Total liabilities	3,268,843			2,885,851

Commitments and contingencies
Equity:
Preferred stock, no par value; 5,000,000 shares authorized and none issued	—			—
Common stock, no par value; 200,000,000 shares authorized; 67,672,753 issued and outstanding at August 31, 2014 and 68,845,643 issued and outstanding at May 31, 2014	—			—
Paid-in capital	139,141			183,023
Retained earnings	822,461			815,980
Accumulated other comprehensive loss	(19,351		)	(1,776		)
Total Global Payments shareholders’ equity	942,251			997,227
Noncontrolling interests	128,262			135,572
Total equity	1,070,513			1,132,799
Total liabilities and equity	$	4,339,356		$	4,018,650



	Three Months Ended August 31,
	2014			2013
Cash flows from operating activities:
Net income	$	84,434		$	71,708
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization of property and equipment	16,712			13,981
Amortization of acquired intangibles	17,854			14,393
Share-based compensation expense	4,066			4,788
Provision for operating losses and bad debts	4,308			5,234
Deferred income taxes	3,705			5,784
Other, net	(755		)	(1,891		)
Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable	7,933			802
Claims receivable	(2,742		)	(3,864		)
Settlement processing assets and obligations, net	(179,462		)	(115,383		)
Inventory	981			4,448
Prepaid expenses and other assets	644			16,772
Accounts payable and other accrued liabilities	(22,151		)	(40,207		)
Income taxes payable	1,000			248
Net cash used in operating activities	(63,473		)	(23,187		)
Cash flows from investing activities:
Business, intangible and other asset acquisitions, net of cash acquired	(4,773		)	—
Capital expenditures	(18,157		)	(20,263		)
Principal collections on financing receivables	219			665
Net proceeds from sales of investments and business	10,528			990
Net cash used in investing activities	(12,183		)	(18,608		)
Cash flows from financing activities:
Net borrowings on short-term lines of credit	212,029			141,026
Proceeds from issuance of long-term debt	390,000			440,000
Principal payments under long-term debt	(363,679		)	(331,515		)
Repurchase of common stock	(132,283		)	(143,700		)
Proceeds from stock issued under share-based compensation plans	12,588			3,998
Common stock repurchased - share-based compensation plans	(15,105		)	(4,604		)
Tax benefit from share-based compensation plans	3,154			1,213
Distributions to noncontrolling interests	(11,249		)	(12,482		)
Dividends paid	(1,370		)	(1,456		)
Net cash provided by financing activities	94,085			92,480
Effect of exchange rate changes on cash	(4,417		)	(5,268		)
Increase in cash and cash equivalents	14,012			45,417
Cash and cash equivalents, beginning of period	581,872			680,470
Cash and cash equivalents, end of period	$	595,884		$	725,887



	Three Months Ended August 31, 2014
	GAAP			Other¹			Cash Earnings Adjustments²			Cash Earnings
Revenues	$	704,895		$	—		$	—		$	704,895
Operating expenses:
Cost of service	259,839			—			(17,854		)	241,985
Sales, general and administrative	320,658			2,941			—			323,599
	580,497			2,941			(17,854		)	565,584
Operating income	124,398			(2,941		)	17,854			139,311
Other income (expense):
Interest and other income	1,192			—			—			1,192
Interest and other expense	(11,010		)	—			—			(11,010		)
	(9,818		)	—			—			(9,818		)
Income (loss) before income taxes	114,580			(2,941		)	17,854			129,493
(Provision) benefit for income taxes	(30,146		)	588			(5,872		)	(35,430		)
Net income (loss)	84,434			(2,353		)	11,982			94,063
Less: Net income attributable to noncontrolling interests, net of income tax	(9,068		)	—			(1,235		)	(10,303		)
Net income (loss) attributable to Global Payments	$	75,366		$	(2,353	)	$	10,747		$	83,760
Diluted shares	68,617									68,617
Diluted earnings (loss) per share	$	1.10		$	(0.03	)	$	0.15		$	1.22

	Three Months Ended August 31, 2013
	GAAP			Other¹			Cash Earnings Adjustments²			Cash Earnings

Revenues	$	629,685		$	—		$	—		$	629,685
Operating expenses:
Cost of service	230,745			(579		)	(14,393		)	215,773
Sales, general and administrative	291,556			(1,496		)	—			290,060
	522,301			(2,075		)	(14,393		)	505,833
Operating income	107,384			2,075			14,393			123,852
Other income (expense):
Interest and other income	3,338			—			—			3,338
Interest and other expense	(7,879		)	—			—			(7,879		)
	(4,541		)	—			—			(4,541		)
Income (loss) before income taxes	102,843			2,075			14,393			119,311
(Provision) benefit for income taxes	(31,135		)	(789		)	(4,762		)	(36,686		)
Net income (loss)	71,708			1,286			9,631			82,625
Less: Net income attributable to noncontrolling interests, net of income tax	(7,065		)	—			(1,371		)	(8,436		)
Net income (loss) attributable to Global Payments	$	64,643		$	1,286		$	8,260		$	74,189
Diluted shares	74,289									74,289
Diluted earnings (loss) per share	$	0.87		$	0.02		$	0.11		$	1.00

We supplemented our reporting of income and the related earnings per share information determined in accordance with GAAP by reporting income and the related earnings per share for the three months ended August 31, 2014 and 2013 on a "cash earnings" basis in this earnings release as a measure to help evaluate performance. We calculated income and earnings per share on a cash basis by excluding amounts related to a gain on the sale of a component of our Russia business that leased ATMs to our sponsor bank in Russia and acquisition intangible amortization. We exclude these charges in order to more clearly focus on the factors we believe are pertinent to the daily management of our operations. Our income and earnings per share reported on a cash earnings basis should be considered in addition to, and not as a substitute for, income and earnings per share determined in accordance with GAAP. Our measures of income and earnings per share on a cash earnings basis reflect management’s judgment of particular items, and may not be comparable to similarly titled measures reported by other companies.



	Three Months Ended August 31,
	2014											2013
	GAAP			Other¹			Cash Earnings Adjustments²		Cash Earnings			GAAP			Other¹			Cash Earnings Adjustments²		Cash Earnings

Revenues:
United States	$	414,042		$	—		$	—	$	414,042		$	363,833		$	—		$	—	$	363,833
Canada	89,965			—			—		89,965			86,672			—			—		86,672
North America merchant services	504,007			—			—		504,007			450,505			—			—		450,505

Europe	162,787			—			—		162,787			143,188			—			—		143,188
Asia-Pacific	38,101			—			—		38,101			35,992			—			—		35,992
International merchant services	200,888			—			—		200,888			179,180			—			—		179,180

Total revenues	$	704,895		$	—		$	—	$	704,895		$	629,685		$	—		$	—	$	629,685

Operating income (loss) for segments:
North America merchant services	$	77,937		$	—		$	11,378	$	89,315		$	69,699		$	2,518		$	7,187	$	79,404
International merchant services	73,602			(2,941		)	6,476		77,137			61,541			10			7,206		68,757
Corporate	(27,141		)	—			—		(27,141		)	(23,856		)	(453		)	—		(24,309		)
Operating income (loss)	$	124,398		$	(2,941	)	$	17,854	$	139,311		$	107,384		$	2,075		$	14,393	$	123,852

We supplemented our reporting of income and the related earnings per share information determined in accordance with GAAP by reporting income and the related earnings per share for the fiscal years 2015 and 2014 on a "cash earnings" basis in this earnings release as a measure to help evaluate performance. We calculated income and earnings per share on a cash basis by excluding amounts related to the processing system intrusion, acquisition intangible amortization, acceleration of equity awards and other costs associated with the retirement of our former Chairman and CEO, a nonrecurring charge associated with our retained interest in Brazil, non-cash losses from the retirement of fixed assets, employee termination benefits and resolution of a contract related contingency and an adjustment to the costs associated with the debt refinancing. We exclude these charges in order to more clearly focus on the factors we believe are pertinent to the daily management of our operations. Our income and earnings per share reported on a cash earnings basis should be considered in addition to, and not as a substitute for, income and earnings per share determined in accordance with GAAP. Our measures of income and earnings per share on a cash earnings basis reflect management’s judgment of particular items, and may not be comparable to similarly titled measures reported by other companies.

¹Fiscal 2015 reflects $0.72 of acquisition-related intangibles amortization and $0.04 of one-time charges. Fiscal 2014 reflects acquisition-related intangibles amortization of $0.51, processing system intrusion of ($0.07), and non-recurring items of $0.31. Other non-recurring items include acceleration of equity awards and other costs associated with the retirement of our former Chairman and CEO, a credit related to the sale of an interest in our Brazil business and a subsequent charge associated with our retained interest, cost associated with the debt refinancing we completed in February 2014, non-cash losses from the retirement of fixed assets, charges related to employee termination benefits and HSBC's share of dividends declared by Global Payments Asia-Pacific.



Investor contact: investor.relations@globalpay.com	Media contact: media.relations@globalpay.com
Jane Elliott	Amy Corn
770-829-8234	770-829-8755



	Fiscal 2014 Actual		Fiscal 2015 Outlook		% Change FY14

Revenue Outlook
Total Revenues	$2.55		$2.74 to $2.79		7% to 9%

EPS Outlook
Cash EPS	$4.12		$4.65 to $4.75		13% to 15%
Acquisition-related intangibles assets, non-recurring items and processing system intrusion¹	(0.75	)	(0.76	)	1	%
GAAP Diluted EPS	$3.37		$3.89 to $3.99		15% to 18%


•	Revenues grew 12% to $704.9 million, compared to $629.7 million in the first quarter of fiscal 2014.


•	Cash diluted earnings per share¹ grew 22% to $1.22, compared to $1.00 in the first quarter of fiscal 2014.


•	GAAP diluted earnings per share were $1.10, compared to $0.87 in the first quarter of 2014.