Propelr, a Wayne, PA-based payment acceptance provider, acquired Ireland Pay, a Miami, FL-based merchant services company.
The amount of the deal was not disclosed.
By acquiring Ireland Pay, Propelr gains access to its vast processor network, unlocking new markets for existing and future clients. This also allows Propelr to offer a more complete payments program for independent agent offices and ISOs that sell its merchant services to their network of contacts.
Led by Angelo Grecco, Co-Founder, Propelr is a payments provider, enabling small-to-mid-sized organizations, as well as global brands, accept and manage billions of dollars in card transactions each year. Taking a consultative approach, it delivers customized payment solutions that address its clients’ specific processing needs. It also offers developer-friendly integrations for businesses that wish to integrate payment acceptance into their existing applications, while actively participating in the payments revenue.
In addition to the acquisition of Ireland Pay, Propelr welcomes Chris Caso, Ireland Pay CEO, to its leadership team.
FinSMEs
21/02/2024