ACI Worldwide, Inc. develops, markets and installs software products and services for financial institutions, retailers and electronic payment processors.
Electronic payment processors were up Monday after Kohlberg Kravis Roberts announced that it would acquire the largest company in the sector in a $29 billion deal.
The need to upgrade legacy systems presents a huge opportunity for back-end fintechs, such as Pismo, Brazil's first electronic payments processor with a fully SaaS platform.
Aside from the deals that were pulled like Harmon International and Sallie Mae, we had such notable acquisitions involving TXU Energy being purchased by an investor group for $44 billion and electronic payments processor First Data being acquired by Kohlberg Kravis Roberts & Co. for $27 billion.
There are hundreds of electronic-payment processors.
EBay requires you to offer PayPal, a banking and online payment processor owned by eBay Inc., unless you offer another acceptable electronic payment service.
Felix Salmon discusses the regulations facing electronic payment companies.
Revenue from PayPal, eBay's electronic payment service, rose 68percentt.
(Transactions conducted at the machine are handled by WorldPay, a card payment processor).
The online payment processor SafeCharge got off to a good start on Aim yesterday.
