Will the partnership generate new merchant acquisition or crossâsell opportunities for Global Payments' existing product suite?
Short answer:
Yes â while the press release does not spell out the exact financial or sales targets, the nature of the partnerships (newâŻâŻMinnesotaâŻTwins dealâŻ+âŻextended DallasâŻCowboys relationship) strongly suggests that Global Payments will be able to drive both new merchant acquisition and crossâsell opportunities for its existing paymentâprocessing, dataâanalytics, and valueâadded services.
Why the partnership is likely to create new merchantâacquisition and crossâsell opportunities
Aspect of the partnership | What it means for merchant acquisition | What it means for crossâsell of Global Paymentsâ existing products |
---|---|---|
Brand exposure at highâvisibility venues (Twin Citiesâ Target Field, Dallas Cowboys stadium & associated venues) | ⢠âŻAccess to thousands of retailers, foodâservice, and hospitality merchants that operate within the stadiums, arenas, and surrounding entertainment districts. â˘âŻâŻPotential to onboard new merchants (e.g., concession stands, merchandise shops, ticketâsale counters, parkingâlot operators, concessionâfood trucks) that previously may have used legacy or fragmented payment solutions. |
â˘âŻâŻOpportunity to upsell pointâofâsale (POS) hardware (e.g., integrated, contactâless terminals) to these merchants. â˘âŻâŻOffer paymentâgateway & eâcommerce solutions for merchants who want to sell tickets, merchandise, or services online. â˘âŻâŻIntroduce paymentâsecurity and fraudâprevention tools (tokenization, EMV, 3âD Secure) as part of a âsecureâbyâdesignâ package. |
Ticketing & ticketâsale ecosystems | â˘âŻâŻThe Twins and Cowboys both sell millions of tickets each season (seasonâticket holders, gameâday tickets, specialâevent tickets). Each ticket is a âmerchantâ in the Paymentsâasâaâservice modelâi.e., an entity that needs to accept payment (online, mobile app, inâvenue). | â˘âŻâŻCrossâsell online payment gateway and digitalâwallet solutions for ticketâsale platforms, enabling recurringâbilling, subscriptionâticket models, and flexible refund/chargeâback handling. â˘âŻâŻOffer dataâanalytics (e.g., spendâbyâticketâtype, fanâsegment insights) that can be packaged as a valueâadded service to the sports franchises and their sponsors. |
Sponsorârelated merchandise and promotional activities | â˘âŻâŻMerchandise stalls (team apparel, memorabilia) are a classic âmerchantâ that can be added to Global Paymentsâ merchant roster. â˘âŻâŻPotential to bring on popâup merchants (food trucks, local vendors) that operate only on game daysâan âonâdemandâ merchant acquisition model. |
â˘âŻâŻCrossâsell mobileâPOS (mPOS) and contactâless/QRâcode payment options that can be quickly deployed for temporary or seasonal vendors. â˘âŻâŻOffer integrated loyalty and rewards programs (e.g., âEarn points with every purchaseâ) to increase average transaction value. |
Crossâpromotion with existing customers (e.g., merchants already using Global Payments for other businesses) | â˘âŻâŻExisting merchants that already process payments for other locations (e.g., retail chains, restaurant groups) can be encouraged to bring the stadiumâside locations into the same merchant account, simplifying settlement and reporting. | â˘âŻâŻCrossâsell unified reporting & analytics across all locations (including stadiumâlevel merchants) â a compelling incentive for existing merchants to expand their relationship. |
Extended relationship with Dallas Cowboys (already a partner) | â˘âŻâŻContinuation of an existing platform means thereâs already an infrastructure and data pipeline that can be leveraged to bring new merchants (e.g., new stadium vendors, new eventâtype partners such as concerts, NFLârelated events). | â˘âŻâŻLeverages existing API integrations (e.g., ticketing, mobile apps) that can be expanded to new product lines such as DigitalâBankingâasâaâService, CâtoâC payments, or embedded finance (e.g., payâlater, installment financing for highâticketâprice purchases). |
Geographic reach | â˘âŻâŻThe Twin Cities region (MinneapolisâSt.âŻPaul) and DallasâFortâŻWorth are large, highâgrowth markets for digital payments; the partnerships open a pipeline to merchants in these metros that might not have previously been in Global Paymentsâ footprint. | â˘âŻâŻAllows Global Payments to introduce regionalâspecific valueâadded services (e.g., âPayâinâlocalâcurrencyâ, âcustom taxâcalculationâ, âlocalâcomplianceâ tools) that can be packaged for existing clients looking to expand geographically. |
How the partnership can be turned into concrete merchantâacquisition and crossâsell results
Step | What Global Payments can do | Result / Opportunity |
---|---|---|
1. Leverage brand visibility | Deploy branding, signage, and QRâcode payment options throughout the Twinsâ and Cowboysâ venues (stadiums, fanâzones, parking lots). | Capture impulse purchases, drive immediate merchant acquisition for concession stands and popâup vendors. |
2. Offer bundled POSâ+âPayment Solutions | Provide a bundled offering (hardware + software + analytics) at a discounted rate for firstâtime merchants (e.g., a 2âyear âstarterâ package). | Lowâfriction onboarding for new merchants, generating new merchant count and future revenue from upsell. |
3. Integrate ticketing & payment | Offer a âticketâtoâpayâ API that allows the teams to sell tickets and process payments in a single flow. | New merchant accounts for ticketâsale channels, recurringâbilling revenue, and crossâsell of gatewayâlevel services (e.g., tokenized payments). |
4. Deploy dataâanalytics and loyalty | Provide merchants with realâtime sales dashboards, fanâspending insights, and loyaltyâprogram integration. | Adds a premiumâservices revenue stream, encourages merchants to stay on the platform longer, and opens opportunities for dataâmonetization. |
5. Expand to ancillary services | Offer financing (e.g., âBuyâNowâPayâLaterâ) for highâprice merchandise or seasonâticket packages. | Additional revenue streams from interest/feeâbased financing, crossâsell of embedded finance product suite. |
6. Use the âExtendedâ DallasâCowboys relationship | Use the existing relationship to showcase case studies and success metrics to other sports franchises and related merchants. | New pipeline of sportsâandâentertainment prospects, leveraging proofâpoint for future deals. |
7. Target âonâdemandâ merchants | Offer quickâdeploy, mobileâfirst solutions (e.g., a âKioskâasâaâServiceâ model) for vendors that appear only during specific events (concerts, special games). | Expands merchant base without longâterm commitment, yet generates transaction volume. |
Likelihood of the outcome
Criterion | Assessment |
---|---|
Strategic fit (partnering with major sports franchises) | Very high â the partnership aligns perfectly with Global Paymentsâ goal to increase transaction volume and expand merchant coverage. |
Evidence from press release (explicit mention of âpartnershipâ) | Moderate â the release does not quantify the expected merchant acquisition, but the âpartnershipâ wording implies a mutuallyâbeneficial commercial arrangement. |
Industry precedent (other payment processorsâ similar deals) | Very high â historical examples (e.g., Square with MLB, Stripe with NHL) show that sportsâteam partnerships generate new merchant pipelines and crossâselling of valueâadded services. |
Overall confidence | High â the combination of brand exposure, ticketâsale integration, and the potential for âmerchantâinâtheâfieldâ POS deployments makes it very likely that Global Payments will both acquire new merchants and crossâsell its existing suite (payment processing, POS, analytics, embedded finance). |
Bottomâline answer
Yes. The newly announced partnership with the Minnesota Twinsâand the continued partnership with the Dallas Cowboysâcreates a powerful platform for Global Payments to acquire new merchants (e.g., stadium concessions, merchandise stalls, ticketâsale channels, parkingâlot vendors, and any âonâsiteâ merchants that appear at games or events) and to crossâsell its existing product suite (POS hardware, payment gateways, tokenizedâpayment services, dataâanalytics dashboards, loyalty/rewards programs, and embeddedâfinance options). While the news release does not give a precise forecast, the nature and scope of the sportsâteam partnership are classic drivers of both merchant acquisition and revenueâenhancing crossâsell opportunities for a global payments provider.
Key takeâaway for Global Payments:
If the company deploys a focused goâtoâmarket plan that leverages the highâvisibility venue, integrates ticketâsales with paymentâgateway services, and offers valueâadded data and loyalty solutions, the partnership should translate into measurable new merchant counts and higher average revenue per merchant (ARPM) across the Twin Cities and Dallas marketsâultimately strengthening the company's product penetration and longâterm revenue growth.