WorldPay US Nabs Texas ISO
Sept. 30, 2013
WorldPay US, the American unit of London-based acquirer and payments processor WorldPay, has agreed to purchase Frisco, Texas-based ISO Century Payments. WorldPay US said the acquisition strengthens its strategic partnership model and gives it access to Century Payments’ advanced tools and analytics. Earlier this year, WorldPay sought a sale for its U.S. business, but so far has not had any takers. In the meantime, WorldPay US continues to grow with the acquisition of Century Payments.
“The acquisition of Century Payments is a vital milestone in our continued U.S. growth strategy,” said Tony Catalfano, CEO of WorldPay US. “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.”
Financial terms of the agreement were not disclosed.