Shift4’s Biggest Deal: $2.5B Acquisition of Global Blue Goes Through
Hey Payments Fanatic!
Shift4 Payments has officially closed its $2.5 billion acquisition of Global Blue.
So, who’s Global Blue? They are a Swiss-based leader in tax-free shopping and currency conversion technologies. This marks the largest acquisition in Shift4’s history, accelerating its expansion across luxury retail and global travel markets.
Now integrated, Shift4 will offer a powerful all-in-one payment terminal combining:
- VAT refund,
- Dynamic Currency Conversion (DCC),
- and global payment processing services.
"This marks the largest acquisition in Shift4’s history and reinforces our track record of bold moves," said Taylor Lauber, CEO of Shift4.
The deal also marks the launch of a new partnership with Ant International and Tencent, enabling wider distribution of Alipay+ and WeChat Pay through Shift4’s platform.
But that’s not all, Shift4 is also set to acquire Smartpay, a payments provider in Australia and New Zealand, in a NZ$296.4 million deal, pending regulatory approval.
With these strategic acquisitions, Shift4 is rapidly positioning itself as a global payments powerhouse serving merchants from high-street luxury brands to next-gen commerce platforms.
Read more global payment industry updates below 👇 and I'll be back with more tomorrow!
Cheers,
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NEWS
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