WorldPay – the global payments and risk services provider – has acquired card payments company YESpay.
With YESpay’s technology, WorldPay will now offer its UK customers a payment service which includes merchant acquiring, card processing and payment terminals with point of sale systems.
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As part of the deal, WorldPay will acquire YESpay’s businesses and assets.
This includes payment platforms and technologies, as well as its 150 employees based in the UK, Canada and India.
The aim of the acquisition is to exploit the needs of omni-channel shoppers with a single payment service operation in-store, online and on mobile devices.
Chandra Patni, co-founder of YESpay, said: "The YESpay team look forward to significantly increasing the deployment of its multi-channel integrated payments services within WorldPay’s unparalleled customer base."
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By GlobalDataThe financial terms of the agreement have not been disclosed.
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