Visa Acquires Online Gaming Payments Provider for $190 Million

Feb. 22, 2011

Visa Inc. has signed an agreement to acquire a Santa Clara, Calif.-based technology company specializing in monetizing digital content. PlaySpan Inc. enables users to purchase digital goods in online games, digital media and social networks and provides the PlaySpan Ultimate Game Card through more than 50,000 North American retail locations and in at least 12 other countries. Visa said the $190 million deal will complement its acquisition last year of e-commerce payments processor CyberSource by extending its reach into digital and mobile commerce.