11 Cheap Technology Stocks to Buy Now

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5. Global Payments Inc. (NYSE:GPN)

Forward P/E Ratio as of August 5: 6.51

Number of Hedge Fund Holders: 65

Global Payments Inc. (NYSE:GPN) is one of the cheap technology stocks to buy now. On August 5, Global Payments announced two key developments regarding its stadium and venue partnerships. The company entered into a multi-year partnership to become the official payments technology provider for the Minnesota Twins and their home, Target Field. In this role, Global Payments will handle payments for food and beverage concessions.

In a separate announcement, the company extended its multi-year partnership with the Dallas Cowboys and AT&T Stadium. As part of this extension, Global Payments will continue to provide payment processing for food and beverage, retail, and ticketing services.

Both the Twins and the Cowboys chose Global Payments for its ability to deliver innovative payment solutions that improve speed, efficiency, and the overall fan experience in high-traffic stadium environments. Global Payments currently provides commerce solutions to ~160 stadiums and venues globally.

Global Payments Inc. (NYSE:GPN) provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific.

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