Top Merchant Processing Firm BluePay Acquires Funds Transfer Alliance

Jun 08, 2012

BluePay, a trusted provider of credit card processing solutions, announces portfolio acquisition of Funds Transfer Alliance

CHICAGO – BluePay, a Chicago-based provider of credit card processing services, has announced its portfolio acquisition of Funds Transfer Alliance. FTA has a large portfolio of approximately 3,000 low risk merchants, primarily in the retail industry. The acquisition took place with the help of Preston Todd Advisors, leaders in M & A advisory services.   

 “We were pleased to work with Preston Todd Advisors once again,” said John Rante.  “Preston Todd Advisors’ expertise in deal origination services is unmatched in the payments technology industry.”

BluePay’s reliable support services, as well as the credit card processor’s payment gateway, advanced security solutions and full suite of processing products, are now accessible to FTA merchants. 

Among BluePay’s all-in-one credit card processing solutions are mobile and wireless services, ACH payment capabilities, non-profit processing, secure hosted payment forms and virtual credit card terminals. BluePay serves a wide range of merchant types, from retail and e-commerce to hotels and restaurants.

“Payment technology and security are constantly changing to further improve the safety of electronic data,” said Rante. “We implement the highest levels of data security and comply with PCI standards so merchants can protect and grow their business.”

About BluePay: Providing the highest level of data security in the industry, BluePay (http://www.bluepay.com) makes U.S. and Canadian credit card processing simple and fast. BluePay is a full-service, Tier 1 credit card processor based in Naperville, Illinois, with offices and data centers located across the U.S. The firm leverages extensive industry experience and a comprehensive suite of credit card merchant processing services to provide a complete system of credit card processing solutions with competitive rates. Follow BluePay on Twitter (http://twitter.com/BluePay) for company and credit card processing industry updates.

BluePay Processing, LLC is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, CA, U.S.A.
BluePay Canada ULC, is a Registered ISO/MSP of Peoples Trust Company, Vancouver, Canada.