€20m acquisition of Integral Computers by market leader

One of Britain’s leading accountancy software groups, Sage Pay, has acquired Dublin-based payments’ company Integral Computers Ltd for €20 million.

The acquisition marks Sage Pay’s entry into the “cardholder present” market in the Britain and Ireland and will allow them to provide a multi-channel payment services through one central solution.

Sage Pay currently work with over 36,000 businesses providing both e-commerce and mail/telephone order solutions.

Integral Computers Ltd card- holder solutions are used at over 30,000 points-of-sale in the Britain and Ireland with transaction values of €5 billion.

Sage Pay said that the acquisition of Integral will enable them to integrate present cardholder solutions with its current e-commerce gateway to provide connected multi-channel services.

The accountancy software group said it will also enable customers to accept card payments wherever they run their business — be it online, in-store, at a trade show or from a market stall.

Both Sage Pay and Integral said they have experienced an increase in merchants seeking a single payment processing supplier that can support their website as well as their physical retail presence.

Managing director of Integral, Sean Wilson, said it is an exciting 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,” he said.

Mr Wilson said the sharedvision of the companies will enable them to meet the future of payments head on.