Access PaySuite, a division of The Access Group, has confirmed the acquisition of Pay360, one of the UK’s leading providers of credit card and payments facilitation services to UK public and private sector.
Pay360 has been providing secure payment services to a range of customers across the public and private sectors for more than 20 years. With significant experience in the public sector, the acquisition represents major growth potential for Access PaySuite as consumers increasingly demand digitised services.
The deal will strengthen Access PaySuite’s payments processing capabilities by adding card payments and Payment Facilitation (PayFac) to its existing payments solutions.
Commenting on the acquisition, Andrea Dunlop, managing director of Access PaySuite, said:
“Pay360 joining Access PaySuite is further evidence of our commitment to invest in innovative payment solutions that give businesses and organisations the confidence that they have a credible, secure and scalable payments partner.
“As well as expanding our expertise and capability to enter new markets, Pay360 complements the Access Group’s existing footprint, and our customers across the public and private sector can take advantage of our enhanced, best-of-breed payments solutions.
“The Access Group has a long and proud track record of investing in the companies we acquire. Bringing great people, as well as great technology, into Access PaySuite was a major consideration for us. I am confident that there is a great cultural fit between the two companies, and we’re committed to improving customer success and product development to become the payments provider of choice for current and future customers.”
Stephen Ferry, MD of Pay360, said:
“We are delighted that Pay360 is joining the Access family. It provides a strong platform for the company to grow and prosper further. With complementary products and a shared vision, the acquisition will enable the enlarged payments division to really drive forward innovation and customer excellence to the benefits of our customer base.
“We look forward to working with our new owners to support and accelerate innovation within our combined product portfolio to ensure our payments can continue to support the needs and requirements of our customers today and tomorrow.”
About Access PaySuite
Access PaySuite is a leading provider of payment solutions to mid-sized UK organisations. Part of The Access Group, it combines payments expertise with unparalleled SaaS experience to help more than 5,000 customers across commercial and not for profit sectors improve their payment solutions, providing organisations with the freedom to accelerate their innovation and growth. For more information about Access PaySuite, visit www.accesspaysuite.com