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...

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March 2015
Headlines in this Issue
Charts in this Issue

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