According to the latest reports issued today by WorldPay Inc to the London Stock Exchange, has confirmed that “Both the Vantiv Inc and JPMorgan Chase has shown their interest in buying the WorldPay’s entire issued and to be issued shares.
In a recent press release issued by The Board of WorldPay Group Inc (WorldPay) said that “The company has received a preliminary app roaches from Vantiv Inc, and JPMorgan Chase in the acquisition of the entire issued and to be issued shares capital of WorldPay Inc.
After the news the WorldPay share price goes high nearly a 30 percent to 410 pence, by adding to its market capitalization of more than 1 billion dollars. As compared to its opening price nearly to 8.6 billion pounds sterling (10.6 billion US dollars).
It was part of the RBS (Royal Bank of Scotland), which first started as a subsidiary of NatWest Bank in England since 1989, before the wave of the first dot-com, and eventually merged the two banks. Later, in 2009, he was released as part of an eviction agreement with the European Commission to help RBS deliver a rescue package during the banking crisis.
In 2015, WorldPay was offered to the public at the London Stock Exchange.
WorldPay has headlines on cutting off malicious services, but at the same time believes that payments are credited to some of the new borders (such as developing a prototype for VR payments). The smartphone-based payment service that uses the camera’s contactless chip reading function and an application – no additional hardware is required.
WorldPay says it process more than 30 million mobile and in-store transactions daily and claims as one of the main competitor of PayPal, Square, Stripe and many more.
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