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Cayan (formerly Merchant Warehouse) is a provider of payment technologies and merchant services, based in Boston, Massachusetts. The company enables payments in physical stores and mobile locations, as well as e-commerce. Cayan was acquired by TSYS in December 2017 and operates as wholly-owned subsidiary of TSYS. [citation needed]
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In January 2018, the company acquired Cayan for $1.05 billion. [23] In June 2018, the company acquired Jacksonville, Florida-based iMobile3 for $13.4 million. [24] On September 18, 2019, TSYS and Global Payments completed their merger agreement for $21.5 billion. [4]
Global Payments was founded in 1996 and spun off from National Data Corporation, its former parent company, in 2001. [6] Global Payments has been an independent, publicly-traded company on the New York Stock Exchange having the ticker symbol “GPN” since its spin off.
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