Welcome, Guest |   Sign In   |   Register  
 
Print Email Page RSS Feeds

Posted Date: 7/16/2012

BridgePay Network Solutions Acquires TGate Payments

BridgePay Network Solutions, a new gateway company in the electronic payments industry agreed to acquire TGate Payments, a payment technology company. BridgePay envisions a strategic fit with its technology and security tools combined with TGate’s processing platform and existing integrations with major acquirers and software companies.

“BridgePay is committed to creating new standards of excellence with regard to PCI and PA-DSS security, processing efficiency and diverse payment solutions," said BridgePay CEO Rick Taylor in a release."The purchase of TGate allows us to take our technology and integrate it into a fullyfunctioning payment company that offers connectivity to more than 50 endpoints. BridgePay was also attracted to the dedicated and knowledgeable staff of TGate, who are being retained and will continue to provide best in class service.”

Taylor also discusses some other critical benefits that will result from this new partnership; “The TGate acquisition made so much sense for expediting our roadmap and we feel there is unlimited potential in the marketplace for our gateway network. Our goal is to support an abundance of product offerings (e.g. multi-currency, ACH, Check 21, Level III, IVR, mobile commerce, digital wallet) while offering the encryption and tokenization embedded products to remove the POS system from the scope of PCI compliance.”

Rate this Content (5 Being the Best)
12345
Current rating: 4 (2 ratings)
 


Transitioning to Subscription-Based Business Models Transitioning to Subscription-Based Business Models
Channel experts are urging solution providers to adopt subscription-based business models or risk losing ground to competitors. Here's what solution providers need to know to succeed with this new recurring revenue platform.
Download Now

Partner Enablement Guide: Summer 2014 Partner Enablement Guide: Summer 2014
VSR examines how leading channel vendors are improving their partners’ businesses through solution development strategies, financial incentive programs, marketing offerings and educational courses.
Download Now



All materials on this site Copyright Edgell Communications. All rights reserved.