Traditional retailers arenât the only businesses feeling the squeeze from Amazon.com. Payment processors are too.
Vantiv, the largest U.S. merchant acquirer, agreed Wednesday to acquire Londonâs Worldpay Group for 7.7 billion pounds ($9.9 billion) to gain greater exposure to e-commerce retailers and small businesses. As much as 50 percent of Vantivâs revenue comes from large chains, which have struggled to compete with online retailers, according to Moshe Katri, an analyst at Wedbush Securities ...
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