Visa in serious talks to buy back Visa Europe
Visa has confirmed that it is in talks to re-acquire Visa Europe in its quarterly update. The deal is likely to give Visa a strong boost to its global competition with MasterCard.
Visa has confirmed that it is in talks to re-acquire Visa Europe in its quarterly update. The deal is likely to give Visa a strong boost to its global competition with MasterCard.
eBay is poised to announce its first acquisition since the split from PayPal - and it looks like it’s going back to its roots.
First Data, the payment technology and services solutions company, has acquired Transaction Wiress Inc. (TWI), a cloud-based, digital gift card distribution platform, for an undisclosed amount.
Remitly, the Jeff Bezos-backed mobile remittance service, has acquired Talio, a mobile messaging company that allows users to make images and text to disappear similar to Snapchat.
Paypal has entered into a definitive agreement to acquire money transfer provider Xoom for $890m.
E-commerce firm Alibaba is rumoured to be increasing its stake in mobile wallet Paytm as the company looks to strengthen its influence within the Indian e-commerce sector.
Nets, the Danish cards and payments provider, has purchased Nordea Merchant Acquiring – a payments division of Nordea that deals with acquiring of international payment cards - for €230m.
Net 1 UEPS Technologies (Net1), a provider of alternative payment systems that operates primarily in South Africa and Korea, has announced the acquisition of Transact24 (T24), a Hong Kong-based payment services firm.
Net Element, a Florida-based mobile payment platform, has acquired PayOnline, a payment technology firm that has millions of customers in Russia and Asia.
Snapdeal, one of India’s most profitable e-commerce marketplaces, has announced the acquisition of Hyderabad-based mobile technology start-up MartMobi.