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NomuPay to enhance their gateway-agnostic payment offering through the addition of merchant servicing capabilities like recurring transaction management, risk analytics and payment orchestration.
Deal for Manchester-based Total Processing is estimated to be worth around $35 million
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NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing. Terms of the deal have not been disclosed. NomuPay has confirmed the deal is a mixture of stock and cash.
NomuPay will provide Total Processing with additional acquiring capabilities in Hong Kong, Malaysia, Thailand, Philippines and EU