Sunday , October 6, 2024

Search Results for: gtcr

Nuvei’s Cash App Integration And Other Digital Transactions News briefs from 2/1/24

Payments provider Nuvei Corp. announced an integration with Block Inc.’s Cash App, allowing Nuvei merchants to more easily adopt Cash App Pay for online checkouts. Worldpay LLC announced it is now operating as an independent company following the close of an $18.5-billion transaction that saw private-equity firm GTCR acquire 55% of its equity, …

Read More »

NetCents Teams With Worldpay in an Effort to Broaden Crypto Acceptance

NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents.   NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …

Read More »

FIS’s Worldpay Strikes Deals to Support Payments for the HMV Chain And Crypto Platform Alchemy Pay

The big payments processor Worldpay early Wednesday and late Tuesday announced two major deals, one of which will see it supporting multichannel payments for HMV, a London-based seller of DVDs, audio cassettes, CDs, and other entertainment products through a chain of more than 100 stores. The other development, announced late …

Read More »

FIS Still Sees Opportunity in Payments in the Wake of Its Approaching Sale of a Big Worldpay Stake

FIS Inc. is selling a majority stake in its massive Worldpay transaction-processing operation, but that doesn’t mean the company is ditching the payments business, its chief executive made plain early Tuesday. “We have not moved totally away from that,” Stephanie Ferris told equity analysts during an early-morning call to review …

Read More »

Freedom Pay Links With Worldpay And Other Digital Transactions News briefs from 9/20/23

The payments platform FreedomPay said it is expanding its partnership with the processor Worldpay to cover more geographic markets globally. FIS Inc. in July agreed to sell a 55% interest in Worldpay to the private-equity firm GTCR in a deal expected to close in 2024’s first quarter. Buy now, pay later specialist Sezzle Inc. announced an …

Read More »

FIS Logs a Flat Quarter And Avoids a Question Regarding Credit Card Routing

As FIS Inc. prepares to dispose of a majority interest in its merchant-acquiring unit, the big processor confronts other key questions regarding potentially favorable developments in the payments business. Still, its top brass proved reluctant early Wednesday to discuss those questions, one of which touched on opportunities the proposed Credit …

Read More »

NCR’s New Names And Other Digital Transactions News briefs from 7/25/23

NCR Corp. announced names for its two major business units once the company spins off its ATM operations, with both retaining the NCR moniker. The digital-commerce business will be called NCR Voyix, while the ATM operations will be named NCR Atleos. FIS Inc.’s Worldpay processing unit launched Revenue Boost, a service based on …

Read More »

FIS Gets FedNow Certified; MX Partners With Open Banking Specialist Moneyhub

FIS Inc. is the latest processor to be certified for the Federal Reserve’s FedNow real-time payments network, which is scheduled to launch later this month. FIS, which announced yesterday it is selling a sell a 55% interest in its merchant-processing business, joins a growing list of certified FedNow participants, including  ACI …

Read More »

Processor Consolidation Takes a Big Step With Nuvei’s $1.3 Billion Bid for Paya

Nine days into 2023, the ongoing wave of processor consolidation rolled further with the announcement early Monday that Nuvei Corp. has agreed to acquire Atlanta-based processor Paya Holdings Inc. in a deal valued at $1.3 billion. The transaction would bring to Montreal-based Nuvei a processor with deep roots in payments …

Read More »

BP Testing Self-Checkout Tech And Other Digital Transactions News Briefs 12/9/21

Fuel retailer BP is installing automated checkout technology from Grabango in 10 convenience store locations, Grabango announced. Seven AMPM stations in California and three Amoco stores in Pennsylvania will have the technology operational by mid-2022. Consumers use a Grabango app to shop and pay without queuing for a checkout lane.Buy now, pay later provider Klarna …

Read More »
Digital Transactions