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REVENUES (Tables)
 12 Months Ended
Dec. 31, 2024
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 years ended December 31, 2024, 2023 and 2022:

Year Ended December 31, 2024
Merchant SolutionsIssuer SolutionsIntersegment EliminationsTotal
(in thousands)
Americas$6,254,163 $1,883,852 $(23,260)$8,114,755 
Europe1,174,828 556,599 — 1,731,427 
Asia Pacific259,712 43,206 (43,206)259,712 
$7,688,703 $2,483,657 $(66,466)$10,105,894 

Year Ended December 31, 2023
Merchant SolutionsIssuer SolutionsConsumer SolutionsIntersegment EliminationsTotal
(in thousands)
Americas$5,867,308 $1,849,638 $182,740 $(37,094)$7,862,592 
Europe1,023,546 507,342 — — 1,530,888 
Asia Pacific260,939 41,890 — (41,890)260,939 
$7,151,793 $2,398,870 $182,740 $(78,984)$9,654,419 

Year Ended December 31, 2022
Merchant SolutionsIssuer SolutionsConsumer SolutionsIntersegment EliminationsTotal
(in thousands)
Americas$5,236,728 $1,739,620 $620,482 $(58,916)$7,537,914 
Europe720,660 469,412 — — 1,190,072 
Asia Pacific247,529 36,591 — (36,591)247,529 
$6,204,917 $2,245,623 $620,482 $(95,507)$8,975,515 
In our Merchant Solutions segment, we actively market and provide our payment services, enterprise software solutions and other value-added services directly to our customers through a variety of relationship-led and technology-enabled distribution channels. Through our relationship-led direct sales forces worldwide, as well as financial institution and other referral partnerships, we offer our payments technology services, software and other value-added solutions directly to customers across numerous verticals in the markets we serve. Our technology-enabled distribution channel includes integrated and vertical market software solutions and ecommerce and omnichannel solutions.

The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the years ended December 31, 2024, 2023 and 2022:

202420232022
(in thousands)
Relationship-led$3,925,253 $3,738,536 $3,189,046 
Technology-enabled3,763,450 3,413,257 3,015,871 
$7,688,703 $7,151,793 $6,204,917 
Schedule of Contracts with Customers
Supplemental balance sheet information related to contracts from customers as of December 31, 2024, 2023 and 2022 was as follows:

Balance Sheet LocationDecember 31, 2024December 31, 2023December 31, 2022
(in thousands)
Assets:
Capitalized costs to obtain customer contracts, net
Other noncurrent assets$338,960 $360,684 $329,785 
Capitalized costs to fulfill customer contracts, net
Other noncurrent assets174,024 197,355 152,520 
Liabilities:
Contract liabilities, net (current)
Accounts payable and accrued liabilities
242,769 229,686 226,254 
Contract liabilities, net (noncurrent)Other noncurrent liabilities50,555 54,246 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 December 31, 2024. 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,
2025$1,163,120 
2026902,270 
2027698,486 
2028391,044 
2029182,062 
2030 and thereafter352,999 
Total$3,689,981