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GoDaddy to acquire payments processor Poynt

Wednesday 16 December 2020 13:38 CET | News

GoDaddy is acquiring payments processor Poynt for USD 320 million upfront and up to USD 45 million in deferred payments.

Poynt offers in-store and online payment processing for merchants, as well as virtual terminal services for phone and keyed-in payments.

The acquisition will boost GoDaddy’s connection to merchants that use its Websites + Marketing platform and Woo Commerce. Furthermore, it will bring GoDaddy to physical stores via POS terminals, including both third-party terminals and smartphone payment apps and card readers.


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Keywords: GoDaddy, Poynt, acquisition, POS, merchants, payments app
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce