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REVENUES (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present a disaggregation of our revenues from contracts with customers by geography for each of our reportable segments for the three and nine months ended September 30, 2023 and 2022:
Three Months Ended September 30, 2023
Merchant
Solutions
Issuer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,524,575 $465,263 $(5,237)$1,984,601 
Europe295,787 131,659 — 427,446 
Asia Pacific63,644 10,926 (10,926)63,644 
$1,884,006 $607,848 $(16,163)$2,475,691 

Three Months Ended September 30, 2022
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,349,793 $442,200 $147,337 $(14,788)$1,924,542 
Europe183,698 114,296 — — 297,994 
Asia Pacific62,835 9,543 — (9,543)62,835 
$1,596,326 $566,039 $147,337 $(24,331)$2,285,371 

Nine Months Ended September 30, 2023
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$4,389,598 $1,363,627 $182,740 $(31,713)$5,904,252 
Europe750,810 374,044 — — 1,124,854 
Asia Pacific191,501 31,525 — (31,525)191,501 
$5,331,909 $1,769,196 $182,740 $(63,238)$7,220,607 

Nine Months Ended September 30, 2022
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$3,926,645 $1,281,894 $478,082 $(43,052)$5,643,569 
Europe545,203 354,546 — — 899,749 
Asia Pacific179,213 26,568 — (26,568)179,213 
$4,651,061 $1,663,008 $478,082 $(69,620)$6,722,531 
The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the three and nine months ended September 30, 2023 and 2022:
Three Months EndedNine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
(in thousands)
Relationship-led$1,003,647 $821,005 $2,775,372 $2,397,787 
Technology-enabled880,359 775,321 2,556,537 2,253,274 
$1,884,006 $1,596,326 $5,331,909 $4,651,061 
Schedule of Contracts with Customers
Supplemental balance sheet information related to contracts from customers as of September 30, 2023 and December 31, 2022 was as follows:
Balance Sheet LocationSeptember 30, 2023December 31, 2022
(in thousands)
Assets:
Capitalized costs to obtain customer contracts, net
Other noncurrent assets$346,161 $329,785 
Capitalized costs to fulfill customer contracts, net
Other noncurrent assets$187,539 $152,520 
Liabilities:
Contract liabilities, net (current)Accounts payable and accrued liabilities$232,159 $226,254 
Contract liabilities, net (noncurrent)Other noncurrent liabilities$52,934 $45,613 
Schedule of Remaining Performance Obligation The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at September 30, 2023. However, as permitted, we have elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. Accordingly, the total
amount of unsatisfied or partially unsatisfied performance obligations related to processing services is significantly higher than the amounts disclosed in the table below (in thousands):
Year Ending December 31,
2023$274,536 
2024996,975 
2025816,344 
2026645,185 
2027486,215 
2028230,285 
2029 and thereafter320,891 
Total$3,770,431