Investopedia: Global Payments Still Feeling An Uncomfortable Squeeze

Life still isn't easy in the narrow space between merchants and banks. Regulators have taken a much sharper pen to the fees that many players along the way can charge and earn, rivals continue to bludgeon each other for market share, and new entrants like Square threaten to upset the entire apple cart. That's led to less-than-spectacular performance from merchant acquirer and processor Global Payments (NYSE:GPN), as well as long-term concerns about the sustainability of what had previously been a pretty high-margin/high-return business model.

Please continue below:
http://www.investopedia.com/stock-analysis/040313/global-payments-still-feeling-uncomfortable-squeeze-gpn-hpy-vntv-v.aspx