Partnerships / Acquisitions

First Data Makes BluePay Acquisition Official

First Data, a global leader in commerce-enabling technology and solutions, announced news that it has acquired BluePay Holdings.

A provider of technology-enabled payment processing for merchants in the U.S. and Canada, BluePay was one of First Data’s largest distribution partners with a strong focus on software-enabled payments and card-not-present transactions. The company processes approximately $19 billion of annual sales volume for more than 77,000 eCommerce companies and is integrated into more than 450 software platforms.

BluePay offers software integration solutions that complement those offered through First Data’s CardConnect business.

“The addition of BluePay’s integrated Card-Not-Present solutions to CardConnect’s cutting-edge ISV product suite affords First Data a unique and comprehensive offering in the high-growth integrated payments space,” said First Data Chairman and CEO Frank Bisignano. “Importantly, this acquisition will also allow us to enhance our service offerings to our JV alliances and other distribution partners.”

BluePay CEO, Bala Janakiraman, will continue to lead BluePay’s payment processing operations.

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