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Global Payments Stock Surges After Securing IRS Deal for Digital Payments
Global Payments Inc. (NYSE: GPN) stock surged by 6.29% after its Link2Gov subsidiary secured a deal with the IRS to be the digital payments processor for the 2026 tax season, utilizing Pay1040.com. The company also reported strong Q4 results with an 11% increase in adjusted EPS and a 6% rise in net revenue, exceeding analyst predictions for 2026 earnings. This positive momentum is further supported by a $2.5 billion share repurchase program and strategic appointments like Vivek Sankaran to its board.