Brazil’s CloudWalk to the US
For sales from a merchant’s website, consumers receive an invoice via email. When they remit payment details by return email, merchants ship the goods.
Area of Interest: Merchant Acquiring
Investments in Merchant Acquiring, Processing—2023
In addition to the investment deals shown here, there were 75 merger and acquisition transactions in the merchant acquiring and processing sector last year.
Worldline Chooses Google
Google has been given a seven-year contract to handle a large part of Worldline’s public cloud business.
Fiserv Seeks Bank Charter
Holding a MALPB charter also opens the door for Fiserv to provide merchants with business debit cards and other financial services.
Advent International’s Latest Deal in Europe
The fourth M&A phase involves the purchase of payment processors that serve small to midsized (SMBs) merchants, marketplaces and digital wallets.
Market Cap Performances by Payment Processors in 2023
Only 9 of the 41 processors posted gains in market capitalization, including 4 of the top 10—Fiserv, Global Payments, Shift4 and Stone.
Fleetcor Processes Payments on Proprietary Networks
The company plans to gain more transactions by going deeper within its existing businesses and geographies to find new opportunities, including expanding services to consumers.
Nuvei Adds Card Issuing
In over half of the markets in which it operates, including the European Economic Area (EEA), Nuvei owns bank licenses and can make direct financial settlement with merchants.
Worldwide Card Acceptance Locations for Global Brands — 3Q 2023
Most micro merchants are counted along with other small merchants that are aggregated together by payment facilitators (payfacs) that serve these customers, accounting for an estimated 30 million acceptance locations worldwide.
Shift4 Supports Amazon’s Just Walk Out Checkout
When a shopper enters a store that uses Amazon’s technology, they tap a mobile wallet or payment card on a reader installed in a Just Walk Out pedestal to trigger a preauthorization of a purchase amount.