|By Business Wire||
|August 7, 2014 08:51 AM EDT||
Digital Payments PLC is pleased to announce it has completed the acquisition of Muscato Group Inc., which includes M2 Payment Solutions and all of its affiliates. The acquisition enables Digital Payments PLC to complete another step in their stated ambition of being a global vertically-integrated payment company with worldwide processing capability.
“As we expand our vertical service offering, we are pleased to enhance our capabilities with the acquisition of such a premier processor as M2 Payment Solutions. They are integrated with all of the major networks across the globe. We are excited to have M2 Payment Solutions as part of the Digital Payments group as we create our leading position in financial payment solutions,” says David Carr, CEO of Digital Payments, PLC.
“We are excited about expanding into new markets and new geographical regions, and this acquisition by Digital Payments PLC positions us to grow quickly and continue to give our current customers more features and options,” according to Joel Harris of M2 Payment Solutions.
M2 Payment Solutions will continue to operate under its current brand and business structure; adding more functionality and resources to build on its global market presence. Digital Payments PLC will enable M2 to increase its investment in technology, infrastructure, payment and global expansion. Over the past 12 months M2 has released new products in both multi-currency and loyalty management and expects to continue the path of new market products and services to deliver to its customer base.
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