Capital Payments, LLC announced today that they have merged with Bluefin Payment Systems. A leading provider of electronic payment processing, Capital Payments is a strategic partner to integrated software vendors (ISVs), developers and software as a service (SaaS) providers serving more than 15,000 U.S. and Canadian businesses.
In an effort to stay ahead of a growing demand for secure gateway solutions in the payment industry, Capital Payments will begin offering payment acceptance technology solutions leveraging Bluefin's proven and feature-rich processing platform.
Bluefin Payment Systems, located in Tulsa, OK specializes in secure payment processing solutions, including tokenization, end-to-end encryption, transparent redirection, and mobile payments. Each of these unique attributes of the Bluefin gateway solution reduces the scope of Payment Card Industry (PCI) compliance for merchants and ISVs.
"Capital Payments has been serving merchants, our ISVs and software partners since 2007. As we all know, payment processing technologies have advanced since then and businesses today need a much higher level of security as well as a variety of options to keep up with the growing consumer demand for electronic payment processing," said John M. Perry, President and CEO of Capital Payments. "With Bluefin's proprietary gateway, we can offer our current and future partners and merchants a sophisticated, easy to use, all-in-one payment processing solution with standard products, such as debit, credit and ACH (Automated Clearing House), with the added benefit of more secure capabilities."
Bluefin Payment Systems was founded in 2002 by Ruston Miles to provide the market with a suite of advanced payment acceptance solutions as well as services that help take merchants out of PCI compliance scope.
"Our goal with Bluefin was to provide a payment gateway that offers all of the standard processing products along with value-added business solutions and security services," said Miles, who is an active participant with the PCI Security Standards Council. "Enterprises were being underserved by commoditized payment gateway providers and Bluefin fills that market gap."
Bluefin's secure recurring and subscription capabilities have made the company a preferred processor in the education, faith-based, insurance and non-profit industries. The goal is to expand Bluefin's market presence in these areas, while Capital Payments remains focused on providing the Bluefin gateway to ISVs, developers and major Ecommerce merchants across all industries.
The Bluefin gateway is being integrated into Capital Payments' product line. The company plans to release the latest version of its mobile offering through the gateway later this summer.