Playspan provides developers and publishers, such as Nickelodeon, a platform to manage micropayments, e-commerce, and micro-transactions in 180 countries and been sold to Visa for at least $190m.
Visa, a New York-listed debit card provider, has agreed to acquire PlaySpan, a US-based operator of payments within computer games, for $190m in cash excluding performance fees – or more than four times its investors’ money.
Playspan provides developers and publishers, such as Nickelodeon, a platform to manage micropayments, e-commerce, and micro-transactions in 180 countries.
Last year, Visa bought CyberSource and said about 45% of all online spending in the US went through its network.
In August, PlaySpan raised…