Paysafe Group Acquires MeritCard Solutions

BankCard USA Merges with Preferred Payments to Form Ecrypt Inc.

September 30, 2025

Payments & Fintech

BankCard USA Merchant Services and Preferred Payments have merged and will operate jointly as Ecrypt Inc., combining BankCard USA's merchant portfolio and sales force with Preferred Payments' payment gateway and cloud EMV technology. The combined company, based in Agoura Hills, California, will offer end-to-end payment processing, subscription billing, advanced security (including AI-driven fraud protection and tokenization), and dedicated U.S.-based account management.

Quisitive Acquires BankCard USA

March 29, 2021

Payments & Fintech

Quisitive Technology Solutions Inc. entered into an agreement to acquire BankCard USA Merchant Services, Inc. for US$100 million in cash plus the issuance of 50,000,000 common shares and a potential earn-out of up to US$20 million. BankCard USA, based in Westlake Village, California, processes over US$3.0 billion in payments annually, reported LTM revenue of US$29 million and LTM adjusted EBITDA of US$11 million, and will be integrated into Quisitive's LedgerPay payments platform; the deal is expected to close in Q2 2021 subject to approvals.

Paysafe Acquires viafintech

November 1, 2021

Financial Services

Paysafe Limited has completed its acquisition of German fintech viafintech (brand: viacash), a market-leading bank-independent cash-in/cash-out and alternative payments infrastructure. The deal expands Paysafe's eCash and alternative payments capabilities and accelerates its growth in Germany and other key European markets.

Payroc Acquires SterlingCard Payment Solutions to Strengthen Canadian Card-Present Capabilities

February 6, 2024

Payments & Fintech

Payroc WorldAccess, LLC has acquired SterlingCard Payment Solutions Inc., a Markham, Ontario-based provider of card-present and payment solutions. The deal adds SterlingCard's team of 11 and card-present capabilities to Payroc's Canadian offering, complementing Payroc's existing card-not-present and ACH/PAD services and expanding its presence in Canada.

Atlanticus Acquires Mercury Financial LLC for $162 Million

September 12, 2025

Payments & Fintech

Atlanticus Holdings Corporation has acquired Mercury Financial LLC for approximately $162 million in cash (with potential earn-outs tied to future credit performance), making Mercury a wholly owned subsidiary. The deal adds 1.3 million serviced credit card accounts and $3.2 billion in receivables, expanding Atlanticus' presence in the near-prime credit card market and providing additional technology, distribution partnerships, and scale.

Mastercard Acquires Transactis

May 17, 2019

Payments & Fintech

Mastercard acquired Transactis, a payments and bill-pay services provider, to strengthen its bill payment capabilities. Safeguard Scientifics, a Transactis investor, received approximately $57 million in cash proceeds from the transaction.