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In 1992, Inturservis (Intursist’s subsidiary) and Kredobank, jointly with Finnish-British company Inpass Ltd. established United Card Services Joint-Stock Company (UCS). Following Inturist, that started to accept cards as early as in 1969, its successor UCS has a full right to identify itself as an age-mate of Russian card payment industry.

The concept of creation an expert center was inspired by customers that were interested in cutting-edge payment services and aimed at acknowledging their employees on how to make card transactions correctly. The center’s core audience included cashiers and managers handling card transactions who worked at companies of various industries and scale — from small enterprises to hefty federal chains. From the establishment to present, the UCS Expert Center has served over 300,000 specialists.

Vladimir Valerievich Komlev is appointed to be the new UCS CEO

A magnetic stripe is a data carrier storing information in three magnetic bands on a plastic card. The first band contains the holder's name, card number, and validity period (all encrypted in a sequence of numbers and letters), the second and third only contain digits.

In 2000, UCS opened a whole-new page: it obtained certificates from global payment systems Visa and MasterCard. That certification entitled UCS to maintain issue activities, namely, support ATM transactions, manage bank card databases, and render personalization services. Since then, cooperation with banks on issuing card products started to evolve as a separate stream.

The most prominent projects included gift cards of Ile de Beauté, Sportmaster, Moscow Jewelry Factory, and BP petrol card.

Becoming a member of Global Payments was one of the landmark events in history of UCS. It was the partnership with Global Payments that allowed UCS to exploit the world’s greatest practices, stay tuned to the cutting-edge payment solutions, and successfully implement them in Russia.

Acquisition of the corporate acquiring facilities of Alfa Bank, one of the leaders of the Russian acquiring market, was an unprecedented deal for Russia. Once Alfa Bank’s network was connected, the number of UCS’ processing customers almost doubled. So did UCS’ regional network: physically based at Alfa Bank’s branches, UCS founded its local operations offices providing acquiring services. The company and Alfa Bank entered into a 10-year cooperation contract that stipulated a joint effort (referral-based partnership) on promoting acquiring services.

On the UCS Expert Center’s page, specialists of partner companies can read rules of conducting card transactions and test their knowledge.

In early 2016, UCS finished the certification of issuing, trade and ATM acquiring of MIR cards. Later, in April, first MIR card transactions were processed in the UCS’ acquiring network. The trailblazer place where the first MIR card transaction was conducted was Stenders make up outlet at shopping mall Rio in Moscow, Russia.

Starting from April 2016, Global Payments shares are listed within S&P 500. S&P 500 is a stock market index that measures the stock performance of 500 world's greatest companies listed on stock exchanges in the United States. Standard & Poor's introduced the list in 1957. The core criteria determining inclusion of a company in S&P 500 are market cap over $5.3B and general financial stability. That inclusion in S&P 500 proved the business development strategy chosen by the company was totally correct.

Connection to American Express allowed UCS' partner companies to accept AmEx cards issued in Russia and abroad. Most of AmEx card transactions are conducted in Russia's key tourism centers: Moscow, Saint Petersburg, Sochi, Kazan, Ekaterinburg, and Vladivostok.

Before assuming the office of the head of the Russian branch, Jon Bayliss was the CEO of Global Payments sro — a joint venture of Global Payments, CaixaBank, and Erste Group, established in June 2016 in Czech Republic, Slovakia, and Romania. Before that, Jon had been the CEO of Global Payments Europe and Chief of Direct Sales responsible for enterprises based in Czech Republic and Hungary. In Russia, Jon Bayliss is responsible for all the Russian activity areas of Global Payments and coordinates interaction between the Russian branch and the international parent company.

In May 2019, Global Payments announced the merger with TSYS. The result of the parity merger of two industry leaders was a company of the world's greatest scale and reach. The new two-in-one company holds the market leadership and provides to merchants and issuers integrated payment solutions powered by proprietary software.