Represented HSBC México,, in its joint venture with Global Payments., Inc., a U.S.-based leading global provider of payment technology and software solutions, to collectively operate HSBC’s merchant acquiring business in Mexico going forward. The merchant acquiring business consists of card acceptance activities as payment means (the "Business"), and the joint venture was implemented through a joint investment in a newly incorporated special purpose vehicle, to which the Business was transferred. The transaction closed after obtaining the requisite regulatory transactions from the Mexican Banking and Securities’ Commission (CNBV) and the Federal Economic Competition Commission (COFECE).