Payrix acquires IntegraPay, entering the Australian and New Zealand markets

Friday 9 October 2020 14:35 CET | News

US-based fintech Payrix has entered the Australian and New Zealand markets following the acquisition of IntegraPay.

IntegraPay operates in the US, the UK, Australia, and New Zealand and processes over one million transactions each month, serving more than 5,000 clients.

The acquisition of IntegraPay is expected to add an additional USD 1.75 billion in processing volume to the Payrix Platform.

Payrix has announced that it intends to boost its digital payments ecosystem as more vertical SaaS providers turn to embedded commerce to enhance their products.

The payment facilitator allows software firms to jump-start a payments business on its platform, which is integrated with the client’s platform, mobile app, or marketplace. It also offers multicurrency payments to clients that are expanding their services abroad.

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Keywords: Payrix, IntegraPay, acquisition, Australia, New Zeeland, payments , Payment Service Provider, digital payments
Categories: Banking & Fintech
Countries: Australia, New Zealand
This article is part of category

Banking & Fintech

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