1995 headquarters grimsby united kingdom key people clive kahn ceo services payment services parent worldpay website www.cardsave.net cardsave is a uk based payment processing company the organisation was rebranded to worldpay in february 2014 after being acquired by worldpay in december 2010 . it provides an online payment gateway and point of sale credit card processing for small to medium businesses . worldpay formerly cardsave provides electronic point of sale terminals to merchants plus a backup manual card processing machines known as the zip zap machine . the latter is available in case the former becomes faulty . the companies head office is in grimsby england with offices in london and nottingham . however since the merge with worldpay they now have offices in gateshead cambridge and manchester as well . history edit cardsave was formed in 1995 by an independent retailer to negotiate lower rates for credit card processing their aim was to reduce the processing charges that were set by the main commercial banks . although they offered their services to various businesses their main clients were tyre fitters and hairdressers . 1 in 2007 clive kahn former chief executive of foreign exchange company travelex led a 72m buyout of cardsave backed by private equity firm exponet . citation needed in march 2010 cardsave acquired tns a uk pos terminal hire business which mainly provides terminals to petrol stations . citation needed on 21 december 2010 cardsave was acquired by a former partner company the uk card processor worldpay . 2 cardsave was re branded to worldpay in february 2014 . references edit cardsave deal buyout . rjd partners . 2004 . sophie baker 20 december 2010 . worldpay acquires cardsave . fstech . external links edit cardsave.net retrieved from https en.wikipedia.org w index.php title cardsave & oldid 735868206 categories companies based in lincolnshireeconomy of grimsbypayment service providershidden categories use dmy dates from october 2013use british english from october 2013all articles with unsourced statementsarticles with unsourced statements from december 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 23 august 2016 at 16 46 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view