Sage Pay, the UK's leading payment provider and subsidiary of The Sage Group plc, has today acquired Integral Computers Ltd (Integral), the Dublin-based card-holder-present solution provider, for €20m.
The acquisition of Integral will allow Sage Pay to provide its customers with fully integrated multi-channel payment services, enabling them to accept card payments however and wherever they run their business. Online, in-store, at a trade show or from a market stall, all backed-up with 24/7 telephone support.
Merchants are increasingly seeking a single payment processing supplier for both their offline and online presence, as multi-channel retailing becomes the norm and payment methods merge. Through the acquisition of Integral, Sage Pay will be able to provide one single relationship to support bundled payment services to SMEs. Not only will the offering allow retailers to accept card payments in a physical environment, businesses will also benefit from the market-leading service and telephone support that Sage Pay provides 24/7.
Simon Black, CEO of Sage Pay Europe Ltd, commented: "The team at Integral have established an outstanding Point of Sale card processing service that will enable Sage Pay to provide best-in-class multi-channel payment services. The two businesses share a passion for delivering a great customer experience founded on brilliant software. Sage Pay offers a unique service proposition in payments, and the acquisition of Integral offers even more value to our customers and business partners."
Sean Wilson, Managing Director of Integral, commented: "This is an exciting new opportunity for our employees, customers and suppliers. The strong technology and cultural fit between the organisations will ensure our combined potential is achieved, which we believe is key for delivering on the opportunities and expectations in the payments ecosystem. Our shared vision will allow us to not only deliver seamless multi-channel capabilities but will enable us to move beyond that, to meet the future of payments head on with compelling and innovative new technologies."
The acquisition of Integral accelerates Sage Pay's existing strategy of offering a range of powerful connected payment services, and tightening integration with Sage's accounting solutions. The acquisition will leverage these capabilities for retail businesses operating across Europe. Sage Pay continues to strive to be the leader in payment services by delivering an extraordinary customer experience.
Integral was founded in 1989 and its solutions are used at over 25,000 points of sale in the UK and Ireland. Following the acquisition, Integral will be rebranded as Sage Pay and will be fully integrated into the Sage Pay business. All of Integral's 40 employees will be retained within Sage Pay.