{"id":4073,"date":"2018-06-06T16:21:09","date_gmt":"2018-06-06T16:21:09","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4073"},"modified":"2022-02-24T22:15:52","modified_gmt":"2022-02-24T22:15:52","slug":"paysafe-joins-top-5-ranking-for-u-s-payment-processors","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/paysafe-joins-top-5-ranking-for-u-s-payment-processors\/","title":{"rendered":"Paysafe Joins Top 5 Ranking for U.S. Payment Processors"},"content":{"rendered":"<p>Paysafe has announced the completion of the iPayments acquisition. And combined with Paysafe\u2019s previous acquisition of Merchants\u2019 Choice Payment Solutions last year for $470 million, the company now ranks among the top 5 non-bank payment processors in the U.S., according to the <a href=\"https:\/\/globenewswire.com\/news-release\/2018\/06\/04\/1516377\/0\/en\/Paysafe-completes-acquisition-of-iPayment.html\">press release<\/a>.<\/p>\n<p>Cross-selling opportunities will be enhanced with the acquisition, the company said. And products such as digital wallets, POS, pay later and prepaid solutions will all be available to a more expanded customer base.<\/p>\n<p>Paysafe Group CEO Joel Leonoff expects Paysafe\u2019s expanded product suite to be \u201cunrivalled\u201d in the marketplace, according to the same release. \u201cThis strategic acquisition is a success on many levels for Paysafe,\u201d said Lenoff.<\/p>\n<p>\u201cFirst, it follows our strategy of building on our strengths and growing our presence in the fast-growing SMB sector operating in the vast US market. Second, it allows us to cross-sell more of our leading payment products to an expanded customer base. Third, the addition of O.B. and Robert [O.B Rawls and Robert Purcell are former iPayment CEO and CFO] to our team brings us further leadership bench strength; they both have strong reputations for possessing the commercial acumen and customer-centric focus that we look for in Paysafe.\u201d<\/p>\n<p>The integration process includes combining iPayment with Paysafe\u2019s North American organization. The expanded organization will be spearheaded by North American Paysafe CEO Todd Linden.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paysafe has announced the completion of the iPayments acquisition. And combined with Paysafe\u2019s previous acquisition of Merchants\u2019 Choice Payment Solutions last year for $470 million, the company now ranks among the top 5 non-bank payment processors in the US.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[427,508,663],"class_list":["post-4073","post","type-post","status-publish","format-standard","hentry","category-archive","tag-ipayments","tag-mcps","tag-paysafe"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4073"}],"version-history":[{"count":3,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4073\/revisions"}],"predecessor-version":[{"id":8246,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4073\/revisions\/8246"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4073"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}