BluePay Announces Acquisition of Terrapin Financial Services
NAPERVILLE, IL (September 10, 2015) – BluePay, a leader in technology-enabled payment processing solutions, is proud to announce that they have recently acquired Terrapin Financial Services. In addition to providing payment solutions for many businesses ranging from retail to healthcare, Terrapin works primarily with community financial institutions to deliver credit and debit card services. The acquisition will allow Terrapin’s financial institutions and merchants to take advantage of BluePay’s comprehensive payment solutions and dedicated support teams.
“We are very excited about the acquisition of the Terrapin portfolio,” commented John Rante, CEO of BluePay. “Our cutting-edge technology, combined with our resources, has established BluePay as a top choice for any merchant. Offering our expansive capabilities to Terrapin’s financial institutions will increase their revenue and provide their merchants with an integrated payment gateway backed by the highest levels of security.”
BluePay’s omnichannel processing services allows financial institutions to offer their merchants increased payment options, simplified business processes, and PCI-compliant security methods.
“Terrapin has always believed in the value of partnerships to grow businesses,” said Joe Posey and Clint Lucas, owners of Terrapin. “Together with BluePay, our clients will receive the highest levels of service and technology that they need to be successful. During this time, we are committed to providing our clients with a seamless transition.”
About BluePay: BluePay is a leading provider of technology-enabled payment processing for enterprise, small, and medium-sized businesses in the United States and Canada. Through physical POS, online, mobile interfaces, and software integration, BluePay processes business-to-consumer and business-to-business payments while providing real-time settlement, reporting, and reconciliation, along with robust security features such as tokenization and point-to-point encryption. BluePay is headquartered in Naperville, Illinois, with offices in Chicago, New York and Toronto. For more information, follow BluePay on Facebook, Google+, Twitter, and LinkedIn, or visit www.bluepay.com.
About Terrapin: Terrapin Financial Services, L.L.C. specializes in offering personalized merchant processing services, including credit/debit card processing, gift cards and eCommerce. Together, the principals of the company have more than 60 years combined payment, card, and banking industry experience. Terrapin operates in Maryland, Virginia, Pennsylvania, Delaware and the District of Columbia.