WorldPay Strengthens Portfolio with YESpay Buyout
- Thursday, March 7th, 2013
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YESpay, the point-of-sale payments specialist, has been acquired by WorldPay, the global payment processing provider, for an undisclosed sum.
The acquisition will merge the front-end services of YESpay with the back-end solutions provided by WorldPay to offer a complete payment service in store, online and on mobile for omni?channel shoppers.
WorldPay will acquire YESpay’s payment platforms and technologies, including the recently added mobile chip and pin payments in its merchant app and contactless mobile payments. WorldPay will now be able to offer its UK clients eCommerce banking facilities, card processing and payment terminals that are integrated with point of sale systems.
YESpay will benefit from a significantly larger customer-base; WorldPay accepts payments in 120 currencies and processes over 8bn transactions annually worth over £3bn.