Tag: U.K.

5 ways gift cards got big in the U.K.

The U.K. prepaid gift card market is experiencing strong growth among consumers who buy them as gifts and for self-use, as well as among businesses that purchase them for customer loyalty programs and as employee incentives. The U.K. gift card market is expected to reach US$13.1 billion (about £10 billion) in transaction volume by 2020,…
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March 28, 2019 0

U.K.’s Paysafe buying iPayment to expand in North America

Paysafe, the U.K.-based payments provider serving a concentration of small and midsize merchants in global markets, is buying iPayment Holdings, a processor with a similar focus in the U.S. The move will bring 450 employees in Westlake Village, Calif.-based iPayment’s four U.S. offices and more than 137,000 merchant customers under Paysafe’s umbrella, putting it among…
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April 15, 2018 0