Atlantic-Pacific Processing Systems acquires Clique Payments

Source: Atlantic-Pacific Crossing

Atlantic-Pacific Processing Systems NV, Corp. (APPS), a fintech holding company providing technology and financial services solutions, has acquired cloud-based software company Clique Payments, Inc.

The acquisition enables APPS to expand its suite of enterprise resource planning and accounting payments integrations to include QuickBooks, FreshBooks, Xero, Sage and more, while supporting all major payment processing providers and more than 20 top payment gateways. Terms of the acquisition were not disclosed.

“Clique’s reseller-focus is highly complementary,” said APPS President and CEO Abe Maghaguian. “The acquisition is also a really good fit with our APPSos platform for merchant lifecycle management and will enable independent software vendors, independent sales organizations, payment facilitators and bank sponsorship clients to expand their offerings while helping their clients streamline operations,” added Maghaguian. “We are very excited about the acquisition and welcome Clique to the APPS family.”

Clique’s software-as-a-service platform provides a variety of solutions all with integrated payments acceptance for accounting and ERP software. A genuine front-office point-of-sale system that enables merchants to process all types of transactions, including fully integrated EMV, swipe and key-entered payments synched with back-office accounting software in real time is available. The platform also supports branded invoice creation with email and text delivery, recurring billing, convenience fees, tokenization and more. APPS’ semi-integrated cloud POS terminal with connections to all major payment processing providers and gateways, as well as the company’s proprietary custom-designed payment facilitation program and platform, are also supported. ISVs wanting to offer card present payment solutions using the payfac model have integrated access to everything they need, all from one source.

“Acquiring Clique gives ISVs, ISOs and their merchant customers easy access to a comprehensive suite of products and services, including highly desirable payments integration application programming interfaces, user interfaces and plugins to top accounting and ERP platforms,” said APPS CIO Brent Gephart. “We look forward to rolling out Clique capabilities to clients and others looking to expand their offerings through this time-tested platform,” added Gephart.

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