Paysafe Acquires iPayment
Paysafe Group has announced that it has completed the acquisition of iPayment Holdings, Inc. (iPayment). The Group says that the acquisition establishes Paysafe as a top five non-bank payment processor in the US. The integration process of combining iPayment with Paysafe’s North America payment processing organisation will now commence. Todd Linden, CEO of Paysafe in North America, will run the expanded organisation and O.B. Rawls IV, iPayment’s former CEO, along with iPayment CFO, Robert Purcell, have both accepted new leadership roles within Paysafe.