View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 26, 2019

Linga swoops on Hybrid Payments

Linga, a cloud-based restaurant software provider headquartered in Florida, has acquired local firm Hybrid Payments.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Financial terms of the transaction were not revealed.

A registered ISO of Wells Fargo, Hybrid Payments delivers payment options to serve retail, restaurant, nonprofit, and healthcare sectors, among others.

Hybrid Payments will now operate under the name Linga Pay.

Linga Pay will be the card and payment processing segment of Linga rOS (restaurant and retail operating system).

It supports a range of capabilities including same-day business funding options, a cloud-based gift and loyalty programme, as well as online ordering.

It also offers marketing, inventory control, kiosk, payroll, accounts payable, and waitlist.

Merchants will be able to track the performance of their restaurants.

At the same time, Linga Pay will offer various competitive offers to current customers. These include programmes that enable upgrade without upfront costs.

Commenting on the deal, Linga CEO Onur Haytac said: “I am excited to offer customers the industry’s first cloud-based complete restaurant retail operating system.

“With Linga rOS, business owners will have every tool they need to run their business on any device, in one system.”

The latest deal comes close on the heels of JPMorgan Chase’s acquisition of US-based healthcare payments firm InstaMed.

 

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International