WorldPay snaps up Century Payments

WorldPay has announced it has acquired US card and payment processing outfit Century Payments for an undisclosed sum.

WorldPay has announced it has acquired US card and payment processing outfit Century Payments for an undisclosed sum.

WorldPay is aiming to gain sales tools and analytics from Century Payments.

Tony Catalfano, CEO of WorldPay US, said: "The acquisition of Century Payments is a vital milestone in our continued US growth strategy."

"Combining these two world-class businesses allows us to leverage the considerable strengths of both organizations to the benefit of our clients and further strengthens both our competitive positioning and overall value proposition."

Robert Wechsler, CEO of Century Payments, said: "WorldPay has been our partner since inception and an integral part of our success and growth."

"On behalf of the entire Century Payments team, allow me to be the first to say just how excited we are to join forces with WorldPay."

Earlier this month WorldPay announced a partnership with mobile payment providers Zapp to roll out mobile payments to thousands of merchant terminals and potentially millions of customers in the UK.

Earlier in the year WorldPay bought UK based card payments company Yespay, the financial details of which have not been revealed.

It August it was revealed that the eCommerce division of WorldPay saw a 45% increase of transaction volumes in 2013 compared to the first half of 2012.

 

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