Category: Business

WePay on Chase Acquisition: “The Same, Only Better”

As WePay Chief Strategy Officer Rich Aberman sees it, there are two primary types of acquisition plays in the payments industry.

First, there’s the kind where one payments company buys another payments company and rolls it into an existing business, for the boost in revenue or transaction volume.

Then, there’s what Chase is doing with its plans to buy WePay.

Elavon Latest to Step in as Payments Industry Lines Up with Programs to Support PF Model

As companies recognize the importance of the PF model, more legacy payments providers will likely bring products to market serving businesses that choose that route. Recently, payments processor Elavon became the latest to offer a program geared specifically to payment facilitators.

The interest in the market isn’t surprising, given the potential.

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