“Something is happening with the market where the interlopers, the disruptors are actually going mainstream... and they are hurting the traditional operators like Global Payments, who, they do have an integrated payments practice, but it’s much smaller and, in my view, much more inferior to the newcomers like Square.”Nomura has religiously tracked downloads of Square’s Cash App vs PayPal’s Venmo, and Dolev says Cash App’s rise (an estimated 50 million downloads total) is bad news for Tsys, since its Netspend service targets the underbanked—the same demographic Cash App services with its Dolev concludes that the Global Payments merger with Tsys “reinforces the Square superiority, because it’s all happening as a result of the disruption that’s caused by Square—both on the merchant acquiring side, where Square is going after retail and restaurants, and gobbling up share, but also on the prepaid Netspend angle, where the Cash App is gaining a lot of traction and is going after this. We gain exposure to over 900 premiere financial institutions globally, with whom we can now partner… In addition, Tsys today has good exposure in digital P2P payments, as well as B2B payments through their NetSpend business.”But at least one payments analyst doesn’t see it that way.Dan Dolev of Nomura Instinet calls the deal “more defensive than offensive” and adds, “I don’t think this merger makes a lot of sense strategically.”Dolev sees the merger as the latest sign that big payments players are worried about Square, which is gaining merchant market share quickly. See All Solutions. But there are more and more payment facilitators all the time, which explains the existence of Pymnts.com does an excellent job of providing a succinct explanation, noting, “A Payment Facilitator is a merchant service provider that simplifies the merchant account enrollment process. Cybersecurity. View Details. Nomura has religiously tracked downloads of Square’s Cash App vs PayPal’s Venmo, and Dolev says Cash App’s rise (an estimated 50 million downloads total) is bad news for Tsys, since its Netspend service targets the underbanked—the same demographic Cash App services with its new debit card.
If you are interested in TSYS Mobile it may also be beneficial to examine other subcategories of Mobile Payment Systems collected in our base of B2B software reviews. “The situation at Global Payments is much more somber than they are saying,” Dolev warns.If the story of the payment processor business in 2019 has been all about M&A so far this year, that won’t be the case in 2020, Dolev says, because Global Payments-Tsys is likely the last big rollup in the space. He does not see any “natural acquirers” for Square now, which he argues gives Square “a scarcity value.” EcoStruxure: Innovation At Every Level. TSYS Mobile is one of the top 50 Mobile Payment Systems products. Read Square Payments customer reviews, learn about the product’s features, and compare to competitors in the Payment Processing market PayFacs operate on a sub-merchant platform where merchants no longer require their own merchant identification number (MID), but are boarded directly under the PayFac’s master MID account.”At the same time, the above information may have you asking the question: Is my business well-suited to take advantage of the benefits of becoming a payment facilitator? Credit Card Terminal vs TSYS Mobile. Position of TSYS Mobile in our main categories: TOP 50.
It’s the third mega-merger this year in the payments industry: Global Payments (This deal follows payments processor Fiserv buying First Data for $22 billion in January, and As Global Payments CFO Cameron Bready The tie-up of Global Payments and Tsys, Bready says, “better positions both of us to be able to compete with the ever-changing landscape around payments. In fact, PayPal®—which might be described as the original payment facilitator—is sometimes referred to as a kind of “Super Facilitator,” with Square® being a more recent player. See how many websites are using Elavon vs TSYS Merchant and view adoption trends over time.
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