Deal Snapshot
VISA ACQUIRES PAYWORKS
Thursday 18 July 2019

California, US-based digital payments company Visa (NYSE: V) has acquired Munich, Germany based Payworks, a provider of payment gateway software for the Point of Sale, the company said.

Visa will bring Payworks' cloud-based solution for in-store payment processing together with its CyberSource digital payment management platform to create a fully integrated payment acceptance solution for merchants and acquirers. The joint offering will provide acquirers and payment service providers with a modern, fully white-labeled omnichannel payment management platform.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 18/07/2019
Target: Payworks
Country: USA
Sector: Banking/Financial Services
Type: Corporate acquisition
Status: Closed
Vendor:
Buyer: Visa
Comment:
Terms of the deal were not disclosed

Options