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Chronicles

The story behind the story

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Elavon, the payments subsidiary of US Bancorp, to acquire Sage Pay, a payment processor operating in the UK and Ireland, for £232M in cash

Ingrid Lunden / TechCrunch :

TechCrunch Ingrid Lunden

Discussion

  • @hornblass JJ Hornblass on x
    If US Bancorp is initiating acquisitions in payments, you know the payments roll up phase is on, and globally. https://twitter.com/...
  • @ingridlunden Ingrid on x
    Consolidation Klaxon! If you live in the UK/Ireland & are a little nerdy (like me) and pay attention to the details on the screen when you buy online you'll definitely know Sage Pay. The returns on each transaction are v.small so you need a big business to make decent $. https://…