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REVENUES (Tables)
6 Months Ended
Jun. 30, 2022
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 six months ended June 30, 2022 and 2021:
Three Months Ended June 30, 2022
Merchant
Solutions
Issuer
Solutions
Business and
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,334,231 $412,023 $183,404 $(14,476)$1,915,182 
Europe187,450 114,011 4,228 — 305,689 
Asia Pacific60,035 8,437 — (8,437)60,035 
$1,581,716 $534,471 $187,632 $(22,913)$2,280,906 

Three Months Ended June 30, 2021
Merchant
Solutions
Issuer
Solutions
Business and
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,202,970 $379,121 $224,529 $(16,768)$1,789,852 
Europe166,644 120,974 2,826 — 290,444 
Asia Pacific57,141 5,837 — (5,837)57,141 
$1,426,755 $505,932 $227,355 $(22,605)$2,137,437 

Six Months Ended June 30, 2022
Merchant
Solutions
Issuer
Solutions
Business and
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$2,576,851 $797,266 $374,836 $(29,927)$3,719,026 
Europe361,505 231,682 8,568 — 601,755 
Asia Pacific116,379 17,024 — (17,024)116,379 
$3,054,735 $1,045,972 $383,404 $(46,951)$4,437,160 

Six Months Ended June 30, 2021
Merchant
Solutions
Issuer
Solutions
Business and
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$2,283,440 $757,164 $465,163 $(33,673)$3,472,094 
Europe299,578 238,386 5,778 — 543,742 
Asia Pacific111,609 10,633 — (10,634)111,608 
$2,694,627 $1,006,183 $470,941 $(44,307)$4,127,444 
The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the three and six months ended June 30, 2022 and 2021:
Three Months EndedSix Months Ended
June 30, 2022June 30, 2021June 30, 2022June 30, 2021
(in thousands)
Relationship-led$827,577 $778,978 $1,564,982 $1,445,890 
Technology-enabled754,139 647,777 1,489,753 1,248,737 
$1,581,716 $1,426,755 $3,054,735 $2,694,627 
Schedule of Contracts with Customers
Supplemental balance sheet information related to contracts from customers as of June 30, 2022 and December 31, 2021 was as follows:
Balance Sheet LocationJune 30, 2022December 31, 2021
(in thousands)
Assets:
Capitalized costs to obtain customer contracts, net
Other noncurrent assets$312,728 $291,914 
Capitalized costs to fulfill customer contracts, net
Other noncurrent assets$131,580 $113,366 
Liabilities:
Contract liabilities, net (current)Accounts payable and accrued liabilities$211,799 $227,783 
Contract liabilities, net (noncurrent)Other noncurrent liabilities$45,066 $44,502 
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 June 30, 2022. 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,
2022$514,844 
2023903,194 
2024640,729 
2025510,197 
2026401,120 
2027259,652 
2028 and thereafter388,622 
Total$3,618,358