$34 Billion Purchase of Worldpay May Shake Up Travel Payments

$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

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http://travel.atspace.co.uk/34-billion-purchase-of-worldpay-may-shake-up-travel-payments/

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