Fiserv seeks to acquire Shift4 Payments – Reuters

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According to Reuters, Fiserv is competing with Amadeus IT Group for the acquisition of payment processor Shift4 Payments.

Shift4, a publicly traded company with a market capitalization of approximately USD 7 billion, has been conducting a sales process in recent months. According to Reuters, Fiserv and Amadeus have emerged as the main contenders, with final offers expected in the coming weeks, citing sources. Shift4 CEO Jared Isaacman informed shareholders in November that the company was looking into “strategic opportunities and alternatives”.

Global Payments has previously been identified as a potential suitor. Shift4 processes over USD 200 billion in annual transactions for more than 200,000 merchants, including restaurants and hotels.

Read More: Fiserv looks to buy Shift4 Payments – Reuters

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