Realtime Electronic Payments (REPAY), a US-based provider of full-service advanced payment technology products and electronic transaction processing services, has concluded the takeover of electronic payments provider PaidSuite for an undisclosed sum.

PaidSuite offers a suite of omni-channel payment capabilities for card and ACH transactions, which enable companies to develop solutions to meet the distinctive requirements of each customer.

REPAY CEO and co-founder John Morris said: “This is a highly strategic acquisition. The deal expands our product capabilities and enhances our integrations in the Accounts Receivable Management industry, enabling us to better serve existing and prospective customers

“Our partnership with PaidSuite positions REPAY for continued growth as we remain focused on strategic opportunities in the space. We are impressed with the quality of PaidSuite’s people and look forward to welcoming them to the REPAY team.”

REPAY provides a suite of advanced payment technology products that include credit and debit cards, ACH processing, consumer-facing payment portals, bank account verification and electronic bill payment.