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Optimal Payments Announces Completion of Acquisition of Meritus Payment Solutions - Optimal Payment Acquires Meritus Payment Solutions [FRN: 900015] - OptimalPayments.com
Optimal Payments Announces Completion of Acquisition of Meritus Payment Solutions

 

NewswireToday - /newswire/ - London, United Kingdom, 2014/07/23 - Optimal Payment Acquires Meritus Payment Solutions [FRN: 900015] - OptimalPayments.com. LSE AIM: OPAY

   
 
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Further to the announcement made on 1 July 2014, Optimal Payments Plc (LSE AIM: OPAY,“Optimal Payments” or the “Group”), a leading global online payments and risk management provider, today announces the completion of the acquisition of all of the partnership interests of California based payment processing entity TK Global Partners LP (“Meritus”) (trading as ‘Meritus Payment Solutions’)

For further information contact:
Optimal Payments Plc, Jessica Stalley, Head of Investor Relations
T: +44(0)20 7182 1707

About Optimal Payments

Optimal Payments (optimalpayments.com) is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use the NETBANX® platform and services to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments; and the NETELLER® service to increase revenue and capture new customers. Consumers use the multilingual and multicurrency NETELLER and Net+® Card stored-value offering to make secure and convenient payments. Optimal Payments Plc is quoted on the London Stock Exchange’s AIM, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK’s Financial Conduct Authority.

About Meritus Payment Solutions

Established in 2008, Meritus (merituspayment.com) is a high growth and profitable organisation with a similar entrepreneurial corporate culture and set of values to Optimal Payments. It has approximately 100 employees and processes more than $3 billion in transaction volume annually. Meritus has a proprietary technology platform and operates a streamlined and efficient merchant onboarding process.

 
 
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Written by / Agency / Source: Meritus Payment Solutions

 
 

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Optimal Payments Announces Completion of Acquisition of Meritus Payment Solutions

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Publisher Contact: Richard Anderson / Emily Simmons - FeintuchPR.com 
+1 718-986-1596 / 212-808-4904 optimal[.]feintuchpr.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Meritus Payment Solutions securities in any jurisdiction including any other companies listed or named in this release.

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