Source: TechCrunch

Sage Pay: Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M

E-commerce continues to gain momentum - a trend we'll see played out in the next two months of holiday shopping - and with that comes more consolidation. Today, Elavon, the payments company that is a subsidiary of US Bancorp, announced that it will acquire Sage Pay, one of the bigger payment processors in the UK [...]

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Sage Pay develops a web and mobile-based platform that offers payment processing solutions for businesses.

Sage Pay is he...
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