financial giant Sage has put its North American payments unit up for sale , with the unit worth an estimated $ 500 m ( £ 397 m ) . The division , which allows businesses and retailers to take credit card and online payments , was identified as " flatlining " , but Sage said it would look to combine accounting and payment software services with payments to turn the firm 's fortunes around . Company shares rose 1 % following the acquisition .
Software giant Sage has put its North American payments business up for sale, with the unit worth an estimated $500m (£397m). The division, which allows businesses and retailers to take credit card and online payments, was identified as "flatlining", but Sage said it would look to bundle accounting and payroll software services with payments to turn the firm's fortunes around. Company shares rose 1% following the announcement.