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Merge Payment Release Feature
The Merge Payment Release feature streamlines your payment processing, making it easier for you to manage transactions efficiently. Designed with simplicity in mind, this tool helps you maintain a smooth workflow in your financial operations.
Key Features
Automatic payment distribution to multiple parties
Real-time transaction tracking for transparency
Seamless integration with existing payment systems
User-friendly interface for easy navigation
Robust security measures to protect sensitive data
Potential Use Cases and Benefits
Businesses that need to split payments among partners or vendors
Freelancers managing payments from multiple clients
Organizations handling grants or crowdfunding distributions
E-commerce platforms processing payments for sellers
Event organizers distributing ticket revenues among stakeholders
By implementing the Merge Payment Release feature, you solve common payment issues such as delays, confusion, and manual errors. This tool ensures that your transactions process quickly and accurately, so you can focus on what truly matters—growing your business.
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Did TSYS get bought out?
Global Payments to buy TSYS for $21.5 billion in the latest fintech deal. (Reuters) — Payment technology company Global Payments Inc said on Tuesday it would buy peer Total System Services Inc (TSYS) for about $21.5 billion in stock, adding scale in a fiercely competitive and fast-growing industry.
Who acquired Global Payments?
Shortly thereafter Fidelity National Services purchased Worldly for $34 billion. Under the terms of the deal, TSYS shareholders will receive 0.8101 Global Payments shares for each share of TSYS common stock. Global Payments shareholders will get 52% of the combined company while TSYS shareholders will own 48%.
Who bought Global Payments?
In March, Fidelity National Information Services Inc agreed to buy World pay for about $35 billion, months after Fiber Inc announced a $22 billion takeover of First Data Corp. Global Payments itself bought Heartland Payment Systems Inc in a $4.3 billion cash-and-stock deal in 2016.
Who bought TSYS?
Global Payments to buy TSYS for $21.5 billion in the latest fintech deal. (Reuters) — Payment technology company Global Payments Inc said on Tuesday it would buy peer Total System Services Inc (TSYS) for about $21.5 billion in stock, adding scale in a fiercely competitive and fast-growing industry.
Did Global Payments acquire TSYS?
ATLANTA --(BUSINESS WIRE)--Sep. 18, 2019-- Global Payments Inc. (NYSE: GUN), a leading worldwide provider of payments technology and software solutions, announced today that it has completed its merger with TSYS, forming the premier pure play payments technology company with extensive scale and unmatched global reach.
Who are Global Payments competitors?
The top 10 competitors in Global Payments' competitive set are Thanh Hung, World pay, First Data, EVER TEC, TransferWise, IS, Metadata, Emily, Soupy and Affirm.
When did Global Payments acquire Heartland?
In 2014, the Wilson Report ranked Heartland the 6th largest payment processor in the country by transaction count, and the 8th largest by processed dollar volume.[2] In December 2015, Global Payments, another payment processor, announced that it would acquire Heartland for $3.5 billion;[3] the transaction was completed ...
Who bought out heartland?
Heartland Payment Systems was acquired by Global Payments for $4.3B on Dec 15, 2015. This deal was done in Cash & Stock.
Is Global Payments an acquirer?
Global Payments provides payment processing services to merchants, allowing them to accept credit and debit cards, along with other payment types (this role is known as a merchant acquirer). ... They provide these services both directly to merchants, and indirectly through other financial organizations.
Who acquired TSYS?
Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Bloomberg, citing to people with knowledge of the matter, reported the all-stock deal will be announced later Tuesday (May 28).
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