UK-based payment processor SagePay has acquired Dublin-based
card-holder-present provider Integral Computers to target growth in
the SME segment.
The deal, which is worth €20m ($26.5), will allow SagePay to
provide its SME customers with fully integrated multi-channel
payment services, enabling them to accept card payments however and
wherever they run their business.
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SagePay said the solution is a response to merchants increasing
need to find a single payment processing supplier for both their
offline and online presence, as multi-channel retailing becomes the
norm and payment methods merge.
SagePay’s solution will not provide this will this service it
said, but will also aim to allow retailers to accept card payments
in a physical environment.
Simon Black, CEO of SagePay Europe said:
“The team at Integral have established an outstanding Point of
Sale card processing service that will enable SagePay to provide
best-in-class multi-channel payment services. The two businesses
share a passion for delivering a great customer experience founded
on brilliant software. SagePay offers a unique service proposition
in payments, and the acquisition of Integral offers even more value
to our customers and business partners.”
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By GlobalData
