Article

Mentioned Companies:

PayPal Purchases Merchant Wallet

Paydiant, provider to merchants of a white-label mobile wallet platform, will be acquired by PayPal for about $280 million in cash. The transaction is expected to close next month. Paydiant, which opened for business in 2010, received a total of $42 million in venture funding from firms including Northbridge Venture Partners, General Catalyst, and Stage1 Ventures. Customers of Paydiant include FIS, Merchant Customer Exchange (MCX, CurrentC), Pulse, Vantiv, Subway, Diebold, NCR, Barclays, and Capital One. All use the QR code feature in Paydiant’s wallet. Barclays and Capital One offer i...

Want to read more?

Please log into your subscriber account.
OR

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2025 Nilson Report

Newsletter

March 2015

Articles in this Issue

Charts, Tables and Graphs in this Issue

Available only to subscribers

Purchase Transactions at Top U.S. Acquirers in 2014

Investments and Acquisitions – February 2015

Purchase Volume on General Purpose Cards at Top Acquirers

Merchant Acquirers in the U.S. 2014