Global Payments And TSYS Merge In $21.5 Billion Deal

Putting weeks of speculation to bed, Global Payments and TSYS made it official, announcing a $21.5 billion merger of the two payments companies.
It marks the third mega-deal in the industry since the start of 2019 and underscores the changing nature of the marketplace. With digital payments growing in popularity, the industry is looking to capitalize and expand its offerings, fueling a spate of mergers. In January Fiserv announced a $22 billion deal to acquire First Data Corp. Shortly thereafter Fidelity National Services purchased WorldPay for $34 billion.

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