Vantiv will buy Mercury Payment Systems for $1.65B

Published May 12, 2014 11:10pm ET



NEW YORK (AP) — Payment processor Vantiv said Monday that it will spend $1.65 billion to buy Mercury Payment Systems, which helps retailers process credit, debit and check payments.

Cincinnati-based Vantiv said the deal will expand its online commerce business into Mercury Payment Systems’ network.

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