A subsidiary of Visa Inc. is offering to buy Earthport PLC, a London-based provider of cross-border payments for banks and businesses, for approximately $250 million in cash. The offer represents a 250% premium to Earthport’s six-month average share price ended Dec. 24 and has the endorsement of Earthport’s board of …

Person-to-person payments are hot these days, and PayPal Holdings Inc. has one of the hottest products in the market with its Venmo service. But as PayPal revealed Wednesday, Venmo can create some friction for its parent even as it vitally expands its payments business. PayPal reported $14.2 billion in payment …

Shift4 Payments LLC, owner of the Harbortouch point-of-sale service, announced Tuesday it purchased three POS brands specializing in hospitality payments. Restaurant Manager, POSitouch, and Future POS are now part of Shift4 Payments. Terms were not disclosed. The acquisitions add 90,000 merchants to Shift4 Payments’ portfolio, and include customers such as …

Two notable merchant-acquiring industry acquisitions in the late spring involved such prominent names as First Data Corp. and Sage Payment Solutions. Both focused on the growing integrated software vendor (ISV) niche. Leading processor First Data months earlier indicated it wanted to become a player in payment services for software firms …

By Jim Daly and Kevin Woodward@DTPaymentNews Financial-institution processor Fiserv Inc. reported Tuesday that it plans to buy United Kingdom-based Monitise plc, a faded star of the early mobile-banking and payments era that still has some valuable technology, for £70 million ($89 million) in cash. And HalCash North America, which goes …

The week started out on a fusion theme when a private-equity firm said it would buy Canadian payments and financial software developer DH Corp. for C$4.8 billion ($3.6 billion) and merge it with one of its portfolio companies, United Kingdom-based Misys, a software provider for retail and corporate banking. Also …

By Jim Daly@DTPaymentNews The first business day of 2016’s fourth quarter produced several announcements about payments-industry acquisitions. In the biggest, globe-trotting ATM network operator Cardtronics plc will gain a toehold in the Asia-Pacific region by acquiring Canadian ATM firm DirectCash Payments Inc. (DCPayments) for $460 million. Meanwhile, Meta Financial Group …

Leading payment card processor First Data Corp. on Tuesday announced it had bought Perka Inc., a startup that provides smart-phone-based loyalty programs for merchants. The Perka buy comes just a few weeks after First Data unveiled a tablet-based point-of-sale system from Clover Network Inc., another startup that it quietly bought …

  Thursday, Jan. 31, 2013, will go down as one of the payments industry’s more notable days of the deal. First, payments-software developer ACI Worldwide Inc. announced plans to buy Online Resources Corp. in a deal that values the electronic bill-payment and presentment technology provider at $263 million. Then the big processor …