Total payments industry deals for April 2020 worth $2.26bn were announced globally, according to a study.

According to GlobalData's deals database, the value marked an increase of 112.2% over the previous month and a drop of 49.8% when compared with the last 12-month average of $4.51bn.

In terms of number of deals, the sector saw a drop of 38.5% over the last 1