Additionally, while changing payment standards involving tokenization will have consumers moving away from needing a physical card to pay online or on mobile, Jumio's ID verification technology provides another point of interest for a would be acquirer, if it came to that.
[Update: Following this article's publication, PayPal confirmed that it is the acquirer, saying in a subsequent statement this afternoon that StackMob's team will put their skills and expertise toward enhancing PayPal's technology stack.].
But it's usually the acquirer seeking a breakup fee from the company it wants to buy.
Before it's done, some acquirer may buy the whole thing.
In practice, it is the acquirer who collects a fee from the merchant, and then passes on the interchange fee to the card issuer and a separate assessment to the card network.
If they do have a product in the market, it's rare that the acquirer can integrate it with its platform in a cost-effective way or at the scale required by the acquiring company.
It's not the most obvious acquirer, but the companies say BitWall can help Watch Out improve its data, payments and loyalty systems.
At 18 times this year's earnings it is cheap enough to be acquired while increasing the acquirer's earnings per share.
It's partly a strategic one, since the acquirer may be in a position to expand your business much faster than it would have expanded on its own.
It is buying merchant acquirer Lynk Systems for $525m£287m7m).
