Electronic payment solutions provider NBS Payment Solutions has acquired the assets of Equinox Payments, formerly the U.S. operations of payment-terminal maker Hypercom Corp. VeriFone Systems Inc. had acquired most of Hypercom’s other assets.
NBS receives a wide range of payment technologies in the deal. The company did not reveal the terms or value of the acquisition in its Feb. 6. press release.
“NBS Payment Solutions has operated in Canada for over 25 years and is excited about partnering with Equinox in the U.S. market,” said Drazen Ivanovic, NBSPS president and CEO. “The well-established Equinox brand, products and excellent sales and support network, combined with NBSPS’s expertise in security, EMV migration and wireless technology, will enhance and strengthen Equinox’s position in the U.S. payment terminal space. NBSPS, PCI-DSS certified Managed Services, will provide additional value-add and market differentiating solutions for Equinox customers. We are committed to providing high quality products and services, including Equinox’s new Apollo line and multi-lane terminals.”
NBS intends to use a U.S. wholly owned subsidiary for the transaction, which will operate as Equinox Payments LLC in the U.S.
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