The deal "enables us to meet our strategic goals of diversifying our business, being a more innovative payment solutions provider and expanding our role within an area of payments," Philip W. Tomlinson, chairman and chief executive of Tsys, said in a statement.
But more recently there has been a sizeable shift specifically in the area of payments.
Its aim is to couple this with a mobile commerce play — not in the area of payments (not yet at least) but in bringing would-be consumers into places where those payments will be made, and encouraging them to buy stuff.
Building on hi5's current commerce platform, which includes a global virtual currency called hi5 Coins, support for over 60 payment methods worldwide, and new advertising-based transactional capabilities – the Big Six acquisition brings significant new technology and software platforms in the areas of payment processing, fraud detection and conversion optimization.
Given hybris' role across the spectrum of e-commerce and payments, I asked about how some of the more emerging areas of payments are performing today, from where they are standing.
Grant notes that there are a lot of people who were credit card marketers and are now moving into other areas of payments, but finding someone with deep experience in SMB-focused marketing is still kind of tricky because of the fragmented market.
The impetus for an agreement between the two sides was provided by a recent agreement struck between the Directors Guild and the studios, which provided a template for the major area of dispute, payment for digital content.
Amidst a market full of a number of existing competitors in the area of mobile payments, he also noted that Square's quick turnaround for payment processing was one unique selling point.
But that issue was superseded by the grey area of digital payments.
Other areas where we may see Just Eat developing services soon is in the area of taking payments on delivery, using mobile devices to complete the transaction.
Another area where Intel and MasterCard will be working together is in the area of emerging payments technologies, including MasterCard's PayPass and Intel's Identity Protection Technology.
