Tag: mcps

Paysafe Joins Top 5 Ranking for U.S. Payment Processors

Paysafe has announced the completion of the iPayments acquisition. And combined with Paysafe’s previous acquisition of Merchants’ Choice Payment Solutions last year for $470 million, the company now ranks among the top 5 non-bank payment processors in the US.

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.