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U.S. Firm FIS Buys Worldpay for $35 Billion in Payments Deal Bonanza

Tuesday, March 19, 2019   (0 Comments)
Posted by: Heather Miller

The global payments sector is expected to reach $3 trillion a year in revenue by 2023 as more people are moving from cash to digital payments. To help prepare for this growth, the financial technology sector is witnessing many consolidations. Today, Fidelity National Information Services Inc. (FIS) announces the biggest deal to date, with the purchase of Worldpay for $35 billion. 

Members>>Click here to read more about this transaction and what it plans to accomplish for the payments industry as a whole.

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