Fee and information safety firm Bluefin Fee Programs introduced it’ll purchase TECS Fee Programs, an omnichannel cost options supplier.
As soon as the deal is finalized, Bluefin and TECS will serve a mixed 34,000 retailers and near 300 world companions in 55 international locations. And for each Atlanta, Georgia-based Bluefin and Austria-based TECS, the acquisition will increase their geographical footprint.
“We’re delighted to welcome TECS’ staff, prospects and companions to Bluefin,” mentioned Bluefin CEO John M. Perry. “This mix brings collectively two corporations that focus relentlessly on assembly service provider wants for next-generation cost processing and administration in addition to the safe trade of PHI and PII information with PCI-validated encryption and tokenization.”
Bluefin will leverage the acquisition to supply its prospects omnichannel funds and smartPOS capabilities, which will probably be built-in into the corporate’s current funds and information safety suite. TECS shoppers will profit from added information safety options, in addition to extra assets for its TECS product and answer suite.
Based in 2007, Bluefin affords encrypted and tokenized funds for point-of-sale transactions. Moreover, the corporate’s information safety platform, ShieldConex, tokenizes funds, Personally Identifiable Info (PII), and Protected Well being Info (PHI) entered on-line. Final month, the corporate appointed a brand new CRO to gasoline its progress. And, earlier this fall, Bluefin partnered with industrial {hardware} producer Sunmi.
Photograph by Kelly Sikkema on Unsplash
