Categories
Digital digital payments mobile payments payments Services travel vantiv Worldpay

$34 Billion Purchase of Worldpay May Shake Up Travel Payments

An image of a point-of-sale device powered by Worldpay, a payments technology company that has been bought by Fidelity National Information Services (FIS) will buy Worldpay in a $34 billion deal that will be one of the largest transactions yet in the fast-consolidating payments sector. Bloomberg

Skift Take: Worldpay is of the biggest players in processing cross-border payments, especially for travel companies. Fidelity National Information Services (FIS) will buy Worldpay in a $34 billion deal that will be one of the largest transactions yet in the fast-consolidating payments sector. But if the merger distracts Worldpay from expanding in emerging markets, rivals might steal share.

— Sean O’Neill

Read the Complete Story On Skift