TSYS Acquires Boston-Based Payments Tech Company for About $1B to Serve More Small to Mid-Size Businesses
Payments solutions giant TSYS has acquired payments technology and merchant-acquiring company Cayan for $1.05 billion in cash. The acquisition will help Columbus, Georgia-based TSYS grow their client base for merchant acquiring in the small and medium-sized business (SMB) market, a major focus for their strategic goals