Why Digital Payments Deals Are on the Rise

Why Digital Payments Deals Are on the Rise

Assessment

Interactive Video

Business, Architecture, Performing Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Vantive's expansion into European and e-commerce markets through Worldpay, highlighting the ongoing consolidation in the payment processing industry. It examines JP Morgan's potential impact on the market, especially with its large merchant acquiring capabilities and connections with Amazon. The video also explores Vantive's strategic moves to enhance its e-commerce presence, particularly in light of Amazon's acquisition of Whole Foods.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advantage does Worldpay provide to Vantive in terms of market access?

Access to Asian markets

Access to European markets

Access to South American markets

Access to African markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant trend in the payment processing market?

Decrease in mergers and acquisitions

Increase in small startups

Consolidation through acquisitions

Focus on local markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company recently acquired Card Connect?

Worldpay

Vantive

First Data

JP Morgan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did JP Morgan decide not to bid on Vantive?

They were not interested in expanding internationally

They were already the largest merchant acquirer

They had a conflict of interest

They were focusing on other acquisitions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact did Amazon's acquisition of Whole Foods have on the payment processing market?

It led to a decrease in e-commerce transactions

It had no significant impact

It increased JP Morgan's influence

It reduced competition