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 …
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EPC’s Unrelenting CCCA Fight; HMV Adopts Worldpay as Does Alchemy Pay; A Home for Unused Gift Cards
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 »Paze Arriving in 2024, But GoDaddy Integration First; Orum’s Verify for FedNow; Worldpay’s Transit Move
Worldpay’s Transit Move And Other Digital Transactions News briefs from 10/10/23
The processor Worldpay said it will work with Masabi, a provider of technology for transit-fare payments, to offer an EMV platform for what the pair call “transit agencies of all sizes.” Health-care payments specialist RevSpring unveiled new features of its Engage IQ platform that includes updated messaging, the ability to use graphics in email …
Read More »Sift Partners With PayPal And Adyen; Square’s Cannabis Venture; Freedom Pay Links With Worldpay
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 »GTCR Grabs 55% Worldpay Stake; Eye on Acquiring; Sabre Acquires Gift Card Platform
FIS Makes It Official: It’s Selling a 55% Worldpay Stake to GTCR at an $18.5 Billion Valuation
In a fleeting 10-minute conference call, FIS Inc. announced early Thursday a move to sell a 55% interest in its merchant-processing business, which principally consists of the Worldpay unit it acquired four years ago, to the private-equity firm GTCR. The deal is expected to close by the end of the …
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