Payments News

E-Commerce Specialist Stripe Snaps up Faster EMV Developer Index in Multichannel Play

Mar 08, 2018

The search by online-payments kingpins for avenues into physical-world stores reached a new milestone with the acquisition by Stripe Inc. of point-of-sale technologist Index Inc.

Terms of the deal were not disclosed, according to an Index spokesperson, who added the company has no immediate comment on the transaction. A Stripe spokesperson said the deal closed “late last week” but refused to comment beyond that.

Read the full article.