Access PaySuite acquires Pay360 to bolster payments offering

By Gloria Methri

Access PaySuite has confirmed the acquisition of Pay360, one of the UK’s leading providers of credit card and payment facilitation services. Pay360 has been providing payment services to a range of customers across the public and private sectors for more than 20 years.

The acquisition represents major growth potential for Access PaySuite, the payment arm of Access Group as the demand for digitised services rises. The deal will strengthen the Group’s payment processing capabilities by adding card payments and Payment Facilitation (PayFac) to its existing solutions.

Commenting on the acquisition, Andrea Dunlop, managing director of Access PaySuite, said, “Pay360 joining Access PaySuite is further evidence of our commitment to investing in innovative payment solutions that give businesses and organisations the confidence that they have a credible, secure, and scalable payments partner. As well as expanding our expertise and capability to enter new markets, Pay360 complements the Access Group’s existing footprint, and our customers across the public and private sector can take advantage of our enhanced, best-of-breed payments solutions.”

“I am confident that there is a great cultural fit between the two companies, and we are committed to improving customer success and product development to become the payments provider of choice for current and future customers,” she added.

Stephen Ferry, MD of Pay360, said, “We are delighted that Pay360 is joining the Access family. It provides a strong platform for the company to grow and prosper further. With complementary products and a shared vision, the acquisition will enable the enlarged payments division to really drive forward innovation and customer excellence to the benefit of our customer base. We look forward to working with our new owners to support and accelerate innovation within our combined product portfolio to ensure our payments can continue to support the needs and requirements of our customers today and tomorrow.”