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Woman paying at a terminal using tap

Vaughan Headquartered PSP Services Completes the Acquisition of PSiGate, a wholly owned subsidiary of Peoples Payment Solutions Ltd.

Howard Klein, President of Peoples Payments and Cards, at Peoples Group, added: "Peoples Group is thrilled to transition the PSiGate business over to PSP. Their best-in-class POS systems as well as an extremely talented team will be a great addition to the service offering. We will continue to support the PSiGate business as the acquiring bank."
Categorized in: Business, Expansion/Growth, Financial, Insurance & Professional Services, Mergers & Acquisitions Posted on: Last updated on: Written by:
Woman paying at a terminal using tap

PSP Services Inc. (PSP) is pleased to announce the completion of its acquisition of Payment Services Interactive Gateway Inc. (PSiGate). PSiGate, a wholly owned subsidiary of Peoples Payment Solutions Ltd. (PPS), focuses on eCommerce and card-not-present payment solutions for merchants in Canada. This strategic acquisition comes at a critical point for PSP as merchants everywhere continue to evolve their own eCommerce strategies and solutions. With this acquisition, PSP is well-positioned to advise on and deliver those online and mobile solutions that merchants are looking for.

Full Article: newswire.ca