Spire Payments Acquires Thyron

Spire Payments has announced the acquisition of Thyrion Payments Systems. The purchase, which concluded today, sees Spire Payments solidifying its position as the third largest player in Europe by providing a market leading Chip and Pin / PCI SRED certified mobile point of sale (MPOS) solution alongside the new range of Spire Payments terminals, due to be rolled-out in Q2 of 2013. Under the terms of the agreement, Thyron will become a wholly owned subsidiary of Spire Payments UK Limited, and will become the focal point for Spire’s strategy on mobile payment technology and products.

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