BNPL Investment & Acquisition Deals in 2023
Transactions for which the monetary value is known had a cumulative value of $2.68 billion.
Region: Canada
Canada Card Issuers and Networks
Canada’s national debit card brand, Interac, maintained its position as the top brand measured by purchase transaction market share in 2023.
Travel Industry Payment Orchestration Platform
FinMont’s technology is cloud based and PCI Level 1 compliant. It will soon be SOC2 compliant. Tokenization is handled in-house.
Fingerprint Cards’ Biometric Enrollment Device
To support a wider rollout of payment cards that can be secured by fingerprint biometrics, Fingerprint Cards has launched Smart’Nroll.
NCR Voyix’s Software Defined Self-Checkout
NCR Voyix is shifting retailers from on-premises and in-the-lane technology to its Next Generation cloud-based SaaS platform and new modular hardware.
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.
Discover Financial Services Results—2023
Credit card purchase volume generated by all Discover brand cards was $217.91 billion, up 3.5%. Credit card cash advances increased 7.5% to $14.87 billion.
OpenWallet Foundation and EMVCo Alliance
Among the applications the companies might pursue for OWF digital wallets include secure remote commerce, payment tokens to protect primary account numbers and 3-D Secure.
Visa and Mastercard Worldwide thru 3Q 2023
Of the Visa and Mastercard worldwide total, purchase volume initiated by cards issued outside the US accounted for 55.68%, up from 54.05%.
Payment Cards Projected Worldwide
The global card brand general purpose cards — UnionPay, Visa, Mastercard, JCB, American Express and Discover/Diners Club —are projected to reach 19.38 billion cards by year-end.
