Exhibit 99.1

Global Payments Reports Third Quarter Earnings

ATLANTA, March 30 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE: GPN) today announced results for its third quarter ended February 28, 2007. For the third quarter, revenue grew 16 percent to $260.4 million compared to $225.2 million in the prior year. Excluding the impact of current period stock option expense, diluted earnings per share grew 22 percent to $0.44 compared to $0.36 in the prior year quarter.

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For the nine months ended February 28, 2007, revenue grew 17 percent to $781.4 million compared to $669.3 million in the prior year period. Excluding the impact of current period stock option expense and prior year restructuring charges, diluted earnings per share grew 27 percent to $1.43 from $1.13 in the prior year period.

In accordance with GAAP, year-to-date prior period diluted earnings per share include certain restructuring charges (see attached reconciliation schedule) relating to an operating center consolidation, which was announced in July 2005. Additionally, both the current quarter and year-to-date periods include the recognition of stock option expenses as a result of the company’s June 1, 2006 adoption of Statement of Financial Accounting Standards No. 123(R) using the modified prospective method. For the three and nine months ended February 28, 2007, GAAP diluted earnings per share were $0.42 and $1.34, respectively, compared to $0.36 and $1.12, respectively, in the prior year periods.

Comments and Outlook

Chairman, President and CEO, Paul R. Garcia, stated, “Our merchant services segment delivered solid financial results for our fiscal 2007 third quarter. This segment’s revenue growth was primarily driven by 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. Additionally, our merchant services results benefited from certain card association incentives relating to various programs implemented in our Canadian channel, as anticipated. Finally, our consumer money transfer segment met our near-term expectations, which reflect the continued unfavorable impact of a competitive domestic pricing environment and the year-over-year impact of strong results in our prior year quarter.”

“Based on our results, we are updating our annual fiscal 2007 revenue guidance to a range of $1,050 million to $1,057 million. This revenue guidance reflects an expected 16 percent growth versus $908 million in fiscal 2006. In addition, we are updating our annual fiscal 2007 diluted earnings per share guidance to a range of $1.85 to $1.87, excluding the impact of stock option expenses as a result of our adoption of FAS 123R, for an expected growth of 20 percent to 21 percent versus $1.54 in fiscal 2006. (1) Including the impact of these stock option expenses, our annual fiscal 2007 diluted earnings per share guidance is $1.74 to $1.76. These earnings per share ranges also exclude the impact of potential restructuring and other charges,” said Garcia.

Conference Call

Global Payments will hold a conference call today, March 30, 2007 at 10:30 a.m. ET to discuss financial results and business highlights. The conference call may be accessed by calling 1-888-791-2132 (U.S.) or 1-517-623-4000 (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 April 13, 2007.

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 2006 diluted earnings per share was $1.53 on a GAAP basis, which includes restructuring charges equivalent to $0.01 in diluted earnings per share.

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, 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 state, federal or foreign laws and regulations affecting the consumer 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.

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

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands, except per share data)

	Three Months Ended February 28,

	2007			2006

Revenues	$	260,418		$	225,159
Operating expenses:
Cost of service		103,555			88,863
Sales, general and administrative		105,670			88,161
		209,225			177,024
Operating income		51,193			48,135
Other income (expense):
Interest and other income		4,728			2,172
Interest and other expense		(2,399	)		(1,695	)
		2,329			477
Income before income taxes and minority interest		53,522			48,612
Provision for income taxes		(17,148	)		(16,577	)
Minority interest, net of tax		(2,078	)		(1,924	)
Net income	$	34,296		$	30,111
Earnings per share:
Basic	$	0.43		$	0.38
Diluted	$	0.42		$	0.36
Weighted average shares outstanding:
Basic		80,421			79,219
Diluted		81,972			82,771

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands, except per share data)

	Nine Months Ended February 28,

	2007			2006

Revenues	$	781,423		$	669,288
Operating expenses:
Cost of service		307,511			268,957
Sales, general and administrative		306,889			249,766
Restructuring		—			1,878
		614,400			520,601
Operating income		167,023			148,687
Other income (expense):
Interest and other income		12,052			4,606
Interest and other expense		(6,298	)		(5,017	)
		5,754			(411	)
Income before income taxes and minority interest		172,777			148,276
Provision for income taxes		(55,749	)		(50,562	)
Minority interest, net of tax		(7,221	)		(6,252	)
Net income	$	109,807		$	91,462
Earnings per share:
Basic	$	1.37		$	1.16
Diluted	$	1.34		$	1.12
Weighted average shares outstanding:
Basic		80,098			78,660
Diluted		81,756			81,892

CONSOLIDATED CONDENSED BALANCE SHEETS
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)

	February 28, 2007		May 31, 2006

	(Unaudited)
Assets
Cash and cash equivalents	$	292,059	$	218,475
Accounts receivable, net		70,404		67,476
Claims receivable, net		1,394		903
Settlement processing assets		23,955		39,671
Other current assets		27,589		21,881
Current assets		415,401		348,406
Property and equipment, net		113,471		107,977
Goodwill		442,403		387,280
Other intangible assets, net		174,561		167,182
Other assets		13,115		7,833
Total assets	$	1,158,951	$	1,018,678
Liabilities and Shareholders’ Equity
Settlement processing obligations	$	47,472	$	37,942
Payable to money transfer beneficiaries		6,279		6,361
Accounts payable and other accrued liabilities		111,257		104,606
Obligations under capital leases		—		746
Current liabilities		165,008		149,655
Other long-term liabilities		75,341		85,804
Total liabilities		240,349		235,459
Minority interest in equity of subsidiaries		15,918		12,996
Shareholders’ equity		902,684		770,223
Total liabilities and shareholders’ equity	$	1,158,951	$	1,018,678

UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)

	Nine Months Ended February 28,

	2007			2006

Cash flows from operating activities:
Net income	$	109,807		$	91,462
Non-cash items
Depreciation and amortization		30,344			30,676
Minority interest in earnings		7,664			6,252
Other, net		18,586			25,823
Changes in working capital, which (used) provided cash
Settlement processing		21,608			83,572
Other, net		(24,081	)		(9,726	)
Net cash provided by operating activities		163,928			228,059
Cash flows from investing activities:
Capital expenditures		(23,234	)		(17,835	)
Business acquisitions, net of cash acquired		(80,230	)		(3,379	)
Net cash used in investing activities		(103,464	)		(21,214	)
Cash flows from financing activities:
Net payments on lines of credit		—			(58,606	)
Principal payments under capital leases and other notes		(746	)		(2,661	)
Net stock issued to employees under stock plans and dividends		17,263			15,724
Distributions to minority interests		(6,751	)		(7,889	)
Net cash provided by (used in) financing activities		9,766			(53,432	)
Effect of exchange rate changes on cash		3,354			10,751
Increase in cash and cash equivalents		73,584			164,164
Cash and cash equivalents, beginning of period		218,475			48,979
Cash and cash equivalents, end of period	$	292,059		$	213,143

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

Reconciliation to Exclude Restructuring and Stock Option Expenses from Normalized Results

(In thousands, except per share data)

	Three Months Ended February 28, 2007

	Normalized			Stock Options(1)			GAAP

Revenues	$	260,418		$	—		$	260,418
Operating expenses:
Cost of service		103,555			—			103,555
Sales, general and administrative		102,620			3,050			105,670
		206,175			3,050			209,225
Operating income		54,243			(3,050	)		51,193
Other income/(expense):
Interest and other income		4,728			—			4,728
Interest and other expense		(2,399	)		—			(2,399	)
		2,329			—			2,329
Income before income taxes		56,572			(3,050	)		53,522
Provision for income taxes		(18,124	)		976			(17,148	)
Minority interest, net of tax		(2,078	)		—			(2,078	)
Net income	$	36,370		$	(2,074	)	$	34,296
Basic shares		80,421			—			80,421
Basic earnings per share	$	0.45		$	(0.02	)	$	0.43
Diluted shares		81,972			—			81,972
Diluted earnings per share	$	0.44		$	(0.02	)	$	0.42

	Three Months Ended February 28, 2006

	GAAP

Revenues	$	225,159
Operating expenses:
Cost of service		88,863
Sales, general and administrative		88,161
		177,024
Operating income		48,135
Other income/(expense):
Interest and other income		2,172
Interest and other expense		(1,695	)
		477
Income before income taxes		48,612
Provision for income taxes		(16,577	)
Minority interest, net of tax		(1,924	)
Net income	$	30,111
Basic shares		79,219
Basic earnings per share	$	0.38
Diluted shares		82,771
Diluted earnings per share	$	0.36

(1) Relates to the company’s adoption of SFAS 123(R) on June 1, 2006, which requires the recognition of compensation expense resulting from employee stock options. 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.

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

Reconciliation to Exclude Restructuring and Stock Option Expenses from Normalized Results

(In thousands, except per share data)

	Nine Months Ended February 28, 2007

	Normalized			Stock Options (1)			GAAP

Revenues	$	781,423		$	—		$	781,423
Operating expenses:
Cost of service		307,511			—			307,511
Sales, general and administrative		296,561			10,328			306,889
Restructuring		—			—			—
		604,072			10,328			614,400
Operating income		177,351			(10,328	)		167,023
Other income/(expense):
Interest and other income		12,052			—			12,052
Interest and other expense		(6,298	)		—			(6,298	)
		5,754			—			5,754
Income before income taxes		183,105			(10,328	)		172,777
Provision for income taxes		(59,081	)		3,332			(55,749	)
Minority interest, net of tax		(7,221	)		—			(7,221	)
Net income	$	116,803		$	(6,996	)	$	109,807
Basic shares		80,098			—			80,098
Basic earnings per share	$	1.46		$	(0.09	)	$	1.37
Diluted shares		81,756			—			81,756
Diluted earnings per share	$	1.43		$	(0.09	)	$	1.34

	Nine Months Ended February 28, 2006

	Normalized			Restructuring (2)			GAAP

Revenues	$	669,288		$	—		$	669,288
Operating expenses:
Cost of service		268,957			—			268,957
Sales, general and administrative		249,766			—			249,766
Restructuring		—			1,878			1,878
		518,723			1,878			520,601
Operating income		150,565			(1,878	)		148,687
Other income/(expense):
Interest and other income		4,606			—			4,606
Interest and other expense		(5,017	)		—			(5,017	)
		(411	)		—			(411	)
Income before income taxes		150,154			(1,878	)		148,276
Provision for income taxes		(51,202	)		640			(50,562	)
Minority interest, net of tax		(6,252	)		—			(6,252	)
Net income	$	92,700		$	(1,238	)	$	91,462
Basic shares		78,660			—			78,660
Basic earnings per share	$	1.18		$	(0.02	)	$	1.16
Diluted shares		81,892			—			81,892
Diluted earnings per share	$	1.13		$	(0.01	)	$	1.12

(2) Restructuring amount consists of employee termination benefits and facility costs relating to an operating center consolidation. Also reflects the related income tax benefit using the company’s effective tax rate, as described above.

SEGMENT INFORMATION
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)

	Three Months Ended February 28,

	2007			2006

Revenues
Domestic direct	$	135,896		$	120,935
Canada		54,630			50,627
Asia-Pacific		14,737			—
Central and Eastern Europe		12,244			12,162
Domestic indirect and other(1)		11,564			12,386
Merchant services(1)		229,071			196,110
Domestic		26,903			26,505
Europe		4,444			2,544
Money transfer(1)		31,347			29,049
Total revenues	$	260,418		$	225,159
Operating income
Merchant services	$	62,033		$	55,063
Money transfer		2,249			3,336
Corporate (2)		(13,089	)		(10,264	)
Operating income	$	51,193		$	48,135

(1) Prior to fiscal 2006, the company’s legacy funds transfer revenue was historically reported in “Money transfer”. Beginning in the fourth quarter of fiscal 2006, such revenues were reclassified to “Merchant services” under the “Domestic indirect and other” category. All prior period amounts were reclassified for this change. With this change, the company’s “Money transfer” segment only includes its consumer money transfer service offerings.

(2) Fiscal 2007 includes compensation expense resulting from employee stock options as a result of our adoption of FAS 123R. Fiscal 2006 does not include these expenses.

SEGMENT INFORMATION
GLOBAL PAYMENTS INC. AND SUBSIDIARIES

(In thousands)

	Nine Months Ended February 28,

	2007			2006

Revenues
Domestic direct	$	403,860		$	350,655
Canada		170,314			156,529
Asia-Pacific		35,072			—
Central and Eastern Europe		38,767			36,304
Domestic indirect and other(1)		35,178			39,774
Merchant services(1)		683,191			583,262
Domestic		86,093			78,706
Europe		12,139			7,320
Money transfer(1)		98,232			86,026
Total revenues	$	781,423		$	669,288
Operating income
Merchant services	$	196,275		$	167,581
Money transfer		10,995			12,139
Corporate (2)		(40,247	)		(29,155	)
Restructuring		—			(1,878	)
Operating income	$	167,023		$	148,687

(2) Fiscal 2007 includes compensation expense resulting from employee stock options as a result of our adoption of FAS 123R. Fiscal 2006 does not include these expenses.

SOURCE Global Payments Inc.

-0- 03/30/2007

/CONTACT: Jane M. Elliott of Global Payments Inc., +1-770-829-8234, +1-770-829-8267, Fax, investor.relations@globalpay.com /

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