Global provider of payment and risk services WorldPay has acquired global card payments company YESpay.
By leveraging YESpay’s technology, WorldPay will be able to offer its UK clients a payment service, including merchant acquiring, card processing and payment terminals integrated with point of sale systems. The combined service will allow WorldPay and YESpay customers to exploit the needs of omni-channel shoppers with a single payment service operating in-store, online and on mobile. In addition, WorldPay will acquire YESpay’s businesses and assets including payment platforms and technologies, its 150 employees, based in the UK, Canada and India and over 3,000 customer relationships.
Financial terms of the agreement have not been disclosed.
YESpay provides secure internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants. Through EMBOSS, the YESpay Managed Payment Service, merchants can accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems. WorldPay has 75 national and international payment methods and operates in over 40 countries worldwide.