European rival to PayPal and Square makes $317 million acquisition to expand in the U.S.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

SumUp, a U.K.-based payment processor, has acquired start-up Fivestars in a bid to expand its reach across the U.S. and take on giants like PayPal and Square.

Square. As the start-up plots an expansion in the U.S., rivalry with those big players is set to intensify. But SumUp thinks there's enough room for a number of different companies to co-exist.

Helms said the U.S. market has seen a shift in spending patterns during the coronavirus pandemic, with payment options like non-physical transactions, invoicing and payment links seeing increased growth.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Thank you!

I don’t think anybody is interested in the USofA to set up another CashApp or Venmo account. That pool seems crowded. PoS is straight at this point too. FinTech

thanks

mtbarnet72

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Biden vows to prod companies if they don't act on supply chains: 'We're going to call them out'President Joe Biden on Wednesday pressed for more private companies to help alleviate supply-chain bottlenecks, as he touted expanded hours for a major U.S.... this is terrible news Tell me you know nothing about logistics without telling me you know nothing about logistics Is it that bad? I think it would be a great help to the supply chain to reduce the shortages
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »