SPT 0.00% 7.5¢ splitit payments ltd

Watch This Space, page-5032

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    Just a few things to add to some really great posts tonight - Thanks for everyones research. Hope some of below adds more value also.

    Global Payments and TSYS merged in 2019 - https://www.forbes.com/sites/donnafuscaldo/2019/05/28/global-payments-and-tsys-merge-in-21-5-billion-deal/?sh=2d3e0efc3c3d

    In regard to who owns who, this is stated in attached press release - Under the terms of the deal, TSYS shareholders will receive 0.8101 Global Payments shares for each share of TSYS common stock. Global Payments shareholders will get 52% of the combined company while TSYS shareholders will own 48%. Arguably, more a merger then an aquisition.

    The Mastercard and TSYS partnership was inked in September 2020 - https://www.crowdfundinsider.com/2020/09/166195-mastercard-to-allow-consumers-to-split-transactions-into-small-installments-through-its-partnership-with-tsys-a-global-payments-firm/

    In regard to the agreement with TSYS and their role, this is stated in the above / attached press release (underline key point): "The payment company’s partnership with TSYS will allow North American consumers to use their Mastercard to split payments into more manageable installments at the time of purchase."

    How the relationships between Global Partners / TSYS / Mastercard and Splitit may knit together. Refering to the above information, this link below is best I can find to maybe help explain how this 'may' knit together - https://thepaypers.com/online-payments/mastercard-expands-instalment-offerings-through-global-partnerships--1244436#

    So from the above, in regard to TSYS / Global Payments, Mastercard and SPLITIT, this is specifically stated in above / attached press release (underline key points):
    "Mastercard has partnered with TSYS to enable consumers to use their Mastercard to split transactions into instalments before, during, or after checkout. According to the press release, the new partnership complements Mastercard’s comprehensive suite of merchant offerings through API-based solutions, commercial partnerships, and acquisitions across the globe.
    Overall, as instalments take hold across the globe, Mastercard is delivering customised, in-market solutions that meet the unique needs of shoppers in every region. This includes a global partnership with Splitit in multiple markets around the world to deliver a way to enable merchants to deliver card instalments at checkout and online, to work in Europe where Mastercard and Divido have partnered to provide instant access to credit through a paperless and omnichannel experience."


    EB
 
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