Heartland Payment Systems, Inc. (HPY) provides payment processing and technology solutions to small- and medium-sized merchants primarily in the United States. The company offers credit, debit, and prepaid card processing; point-of-sale systems; payroll processing; mobile payments and e-commerce solutions; billing and lending services; gift and campus card programs; school nutrition and payment solutions for K-12 institutions; integrated commerce solutions for higher education; and related services including network management, customer engagement, and security technologies such as Heartland Secure with end-to-end encryption. Founded in 1997 and headquartered in Princeton, New Jersey, Heartland operates through various subsidiaries and serves over 275,000 business locations, processing billions in annual transactions.
Heartland was acquired by Global Payments Inc. (NYSE: GPN) in 2016 for $4.3 billion, integrating its operations into the larger entity's worldwide payment technology platform while retaining the Heartland brand for certain offerings. In recent developments, Global Payments sold Heartland Payroll Solutions to Acrisure for $1.1 billion in 2025, divesting the payroll and human capital management segment that served over 50,000 clients including major brands. Heartland continues to focus on core payment processing, POS, and industry-specific solutions amid ongoing rebranding efforts toward Global Payments infrastructure, including fee adjustments and network updates effective in 2025.