Payments News

On The Web

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Deals

Saudi Expansion in Focus for Paymob After Record Egypt Fundraise

“Egyptian digital payments provider Paymob will use fresh funding to enter Saudi Arabia and expand at home, as the pandemic spurs a surge in cashless transactions. The Cairo-based firm, which provides mobile wallet products for companies including banks and phone operators and also helps process retail payments, sees “huge potential” in the two Arab nations, […]

On The Wires

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Domains

Lightspeed Launches Lightspeed Payments in United Kingdom and Europe in Expansion of Tailored Financial Solutions

“Lightspeed (NYSE: LSPD ) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of Lightspeed Payments for hospitality merchants in the United Kingdom and Europe. Lightspeed’s integrated payments experience gives small and medium-sized businesses in the hospitality industry access to key functionalities made crucial by the global pandemic, including mobile and contactless […]
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Deals

NMI Acquires USAePay to Expand Omnichannel Payment Offering

“NMI , a leading global payments enablement technology company, today announced it has acquired USAePay , a payment solutions company. Bringing together the NMI and USAePay solution sets allows the combined entity to better serve its joint partners and the market by expanding NMI’s technical capabilities, offering more choice and further establishing its leadership in […]
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Domains

Amadis and WorldLine Rollout Global Payment Solution With Subway® Restaurants

“WorldLine , the European market leader in payment and transaction services, and Amadis today announced the completion of its multi-country payment solution rollout with Subway ® restaurants. Together WorldLine, Amadis and Subway executed a payments solution to streamline its global payment infrastructure and provide secure, cost-effective and optimized operations for Franchisees.”
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Domains

GoDaddy Acquires Poynt, Expands Commerce Services with Offline Sales and Integrated Payments

“GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today announced it has entered into a definitive agreement to acquire Poynt. Under the terms of the agreement, GoDaddy will pay $320 million in cash at closing and $45 million in deferred cash payments subject to certain performance and employment conditions over three years. The […]
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Domains

Square and POWDR Bring New Commerce Tech to the Ski Slopes

“As the winter ski season gets underway, Square announced that its commerce platform now powers payments, e-commerce, and point of sale at nearly a dozen renowned ski resorts across the U.S. and Canada in partnership with POWDR, an adventure lifestyle company on a mission to deliver memorable experiences, enhance people’s lives and have fun doing […]
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Deals

Greater Sum Ventures Makes Majority Investment in Payments Company Fattmerchant

“Entrepreneurial family office and growth equity firm Greater Sum Ventures (GSV) today announced its majority investment in Orlando-based integrated payment technology provider Fattmerchant . The funding will provide additional capital that will enable Fattmerchant to increase its investment in innovation and accelerate its growth. The company will continue to be led by CEO Suneera Madhani, President Sal […]
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Domains

Shift4 Payments Acquires 3dcart Ecommerce Platform

“Shift4 Payments (NYSE: FOUR), a leading provider of payment processing and technology solutions, has announced the acquisition of 3dcart, a powerful ecommerce platform serving over 14,000 businesses, to deliver a unified commerce solution to the company’s customers. 3dcart is a feature-rich, multinational ecommerce platform serving businesses of all sizes in a wide range of industries.”
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Deals

Lightspeed to Acquire ShopKeep to Accelerate Digital Transformation of SMBs Across the United States

“Lightspeed POS Inc . (NYSE: LSPD ) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc . (ShopKeep), a leading cloud commerce platform provider based in New York City. This acquisition reinforces Lightspeed’s status as a clear category leader for complex retailers […]
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Deals

Worldline welcomes Ingenico, creating a new world-class leader in payment services

“By combining forces with Ingenico, Worldline will become Europe’s new world-class leader in payment services and joins the league of international payment leaders. Worldline is committed to operating payment solutions that enable viable economic growth and reinforce trust and security in our societies. With its global footprint and its dedication to excellence, innovation and sustainability, […]