WePay on Chase Acquisition: “The Same, Only Better”

As WePay Chief Strategy Officer Rich Aberman sees it, there are two primary types of acquisition plays in the payments industry.

First, there’s the kind where one payments company buys another payments company and rolls it into an existing business, for the boost in revenue or transaction volume.

Then, there’s what Chase is doing with its plans to buy WePay.

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PF Payline Data Acquired by Pineapple Payments

Adding to the wave of payments providers looking to strengthen their integrated payments offerings, recent payments startup Pineapple Payments announced on Friday that it has acquired payment facilitator Payline Data Services.

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Paysafe to Acquire MCPS, Receives Private Equity Offer

London-based payments technology provider Paysafe has been the poster child for activity in the payment processing space this week, as it looks to expand its services while receiving a possible offer from suitors of its own.

Paysafe, which also operates as a payment facilitator, announced that it has agreed to acquire Houston-based processor Merchants’ Choice Payment Solutions (MCPS) for $470 million.

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