Mentioned Companies:

GTCR Takes Paya Public

Private equity firm GTCR, a pioneer in card payment industry investments, has owned Paya, the 20th largest U.S. merchant acquirer, since August 2017. Paya began as the payment processing unit of U.K.-based Sage Software. GTCR orchestrated a carveout of that business, paying $260 million. It then invested another nearly $30 million to update the company’s technology and product suite, as well as moving the business into the cloud. After creating Paya, GTCR subsequently spent $88 million to expand the company’s customer base with acquisitions of Stewardship Technology, First Billing Se...

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October 2020
Headlines in this Issue
Charts in this Issue

Payment Cards in the U.S. Projected Purchase Volume in 2024

U.S. Payment Cards—Purchase Volume

U.S. Payment Cards—Purchase Transactions

U.S. Payment Cards—Purchase Volume 2019 vs. 2024

U.S. Payment Cards—Total Volume

U.S. Payment Cards—Total Transactions

U.S. Payment Cards—Outstandings

U.S. Payment Cards—Cardholders

U.S. Payment Cards—Cards