American Express Co. early Friday announced it is acquiring Tock, a restaurant-reservation application, from Squarespace Inc. for $400 million, and Rooam, a contactless-payment platform for restaurants, bars, music venues, and arenas, for an undisclosed sum. Launched in 2014, Tock provides reservation, table-management, and event ticketing capabilities to 7,000 restaurants, wineries, …
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Higher Prices Prompt BNPL Selections; Eye on Acquisitions; Topgolf Callaway in Visa Promo
Mastercard’s Turn to Emerging Markets; Eye on Acquisitions; PayRange Licensing Victor
Eye on Acquisitions: EMS Nabs PaymentCloud; Blackhawk Acquires Tango Card
Payment technology provider Electronic Merchant Systems acquired PaymentCloud, an Encino, Calif.-based payment gateway provider. The acquisition will enable PaymentCloud to expand its merchant base while utilizing EMS’s technology services. The deal also solidifies the existing relationship between the two companies and positions Cleveland-based EMS to leverage PaymentCloud’s marketing and sales …
Read More »PayPal USD Makes Funding Foray; Eye on Acquisitions; i2c Signs Another Community Bank
Eye On Acquisitions: Quisitive Completes Its Sale of PayiQ; Visa Equity Closes on EngageSmart
Quisitive Technology Solutions Inc., a payments-technology provider and Microsoft Corp. cloud partner, announced Monday it has completed the sale of its LedgerPay Inc. subsidiary, including its PayiQ platform, to Fulcrum IT Partners for an aggregate price of up to $45 million. The sale price includes $27 million worth of preferred …
Read More »Talus Pay Marks 2024 with Acquisitions; Online Holiday Shopping’s New High; Visa’s Web3 Loyalty Play
Talus Pay’s New Year Starts With Two Acquisitions
Payments provider Talus Pay announced two acquisitions on Thursday, indicating it acquired Clarus Merchant Services and Jobox.ai in separate deals. Total annual payments volume for the newly combined company total $9 billion for more than 22,000 U.S. merchants. Dallas-based Talus Pay says Clarus Merchant Services, based in Gaithersburg, Md., provides …
Read More »A Pair of Acquisitions Propel Shift4 Into Blockchain And Cross-Border Processing
Shift4 Payments Inc. early Tuesday said it has concluded agreements to acquire international e-commerce acquirer Finaro and cryptocurrency-based donation platform Giving Block in deals valued at $875 million in cash and stock, including future earnout provisions. The latter deal has already closed, while Allentown, Pa.-based Shift4 expects to close the …
Read More »AmEx Posts a Strong Quarter As Its CEO Signals Caution on BNPL, Crypto, And Acquisitions
American Express Co. reported strong results Friday morning for its third quarter as its top executive said the company hasn’t exhausted its interest in acquisitions, though he added the New York City-based payments company is cool to the prospects for cryptocurrency as a medium of exchange. Chief executive Stephen Squeri …
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