Visa Inc. said Wednesday it has acquired Payworks GmbH, a Munich-based developer of cloud-based point-of-sale payment-gateway software. Visa intends to integrate Payworks’ technology with that of another Visa property, CyberSource, and offer the combined product to merchants and acquirers. Terms of the acquisition were not disclosed. The combined offering will …
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The proposed acquisition of Worldpay Inc. by Fidelity National Information Services Inc. (FIS) is about to clear another hurdle, according to Reuters. The news service is reporting that European Union antitrust regulators are poised to approve the deal without conditions. EVO Payments Inc. said its payments services are integrated into …
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The big merchant processors Global Payments Inc. and merger candidate Worldpay Inc. reported healthy first-quarter results Thursday. North America performed especially well for Atlanta-based Global Payments, generating $678.4 million in revenues, up 14% from $594 million in 2018’s first quarter. In contrast, European revenues slipped 0.3% to $142.9 million while …
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Fidelity National Information Services Inc. (FIS) on Tuesday said it expects to close its colossal $43 billion acquisition of payment processor Worldpay Inc. in the third quarter following a Federal Trade Commission ruling. The merger, announced in March, would create a processing colossus with payments services ranging from merchant processing, …
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Worldpay Inc. may be embroiled in combining its business with that of Fidelity National Information Services Inc., but that isn’t stopping the huge processor from seeking international expansion. Cincinnati-based Worldpay said on Wednesday it will open two new offices in Australia and has obtained a license to acquire card payments …
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As if the announcement of its pending merger with Fidelity National Information Services Inc. wasn’t enough news for one week, Worldpay Inc. on Wednesday said it will acquire Amazon Pay transactions for online merchants. The news means Cincinnati-based Worldpay has become the first merchant acquirer to work with the retailing …
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