Bluefin, an integrated payments provider, has acquired TECS Payment Systems, a company offering omnichannel payment services to acquirers, payment service providers and point-of-sale (POS) system providers.
Together, Bluefin and TECS will serve 34,000 connected merchants and nearly 300 global partners in 55 countries. The combination works to expand the global footprint of both organizations. Bluefin and its customers look to benefit from omnichannel payments and smart POS capabilities, while TECS and its customers look to benefit from data security services that address the needs of larger organizations. TECS will be integrated into the Bluefin team and continue its Austria-based operations.
“This combination brings together two companies that focus relentlessly on meeting merchant needs for next-generation payment processing and management as well as the secure exchange of PHI and PII data with PCI-validated encryption and tokenization,” comments John Perry, CEO of Bluefin.