Global Payments Says New Point-of-Sale Software is Resonating with Merchants

Core Insights - Global Payments' new point-of-sale software, Genius, has seen significant market acceptance since its launch for restaurants and retail in Q2 [1][3] - The company aims to become a pure-play merchant solutions provider and is focusing on enabling agentic commerce for its customers [2][7] Sales Performance - In markets where Genius was launched, sales to new locations increased by over 20% year-over-year in Q3, with monthly recurring revenue from new sales rising 75% from June to September [3] - The average deal size for Genius more than doubled during this period, indicating strong market resonance [3] Product Expansion - Following the success of Genius for small and medium-sized businesses, the software's features were expanded in September to support enterprise clients and in October for higher education institutions [4] - Franchisees of several leading quick-service restaurant brands have selected Genius for deployment across more than 400 locations [4] Geographic Reach - Genius is currently available in the U.S., Canada, Mexico, the U.K., and Austria, with plans to expand to Germany by the end of the year and to Ireland, Spain, and the Czech Republic in early 2026 [5] Strategic Transactions - Global Payments is planning to acquire Worldpay and divest its Issuer Solutions, with both transactions expected to close in Q1 2026 [6] - The U.K.'s Competition and Markets Authority has cleared the acquisition of Worldpay [6] Future Opportunities - The company is eager to complete the Worldpay transaction to enhance its strategy of becoming a pure-play merchant solutions provider, focusing on sustainable growth and value creation [7] - Global Payments is also preparing for agentic commerce through a partnership with Google to enable various agentic payment types [8]