NomuPay acquires payment solutions provider Total Processing
By Gloria Methri
NomuPay, a modern end-to-end payment platform, has acquired merchant services and payment processing solution provider, Total Processing. The deal, a mixture of stock and cash, comes just months after NomuPay’s Series A funding announcement and will enable the Ireland-based company to accelerate business expansion efforts throughout Southeast Asia, Europe, Turkey, and the Middle East.
Total Processing prides itself on offering intuitive merchant services, including recurring-based payment collections and an innovative merchant-facing portal.
“In an industry plagued by over-automation, chatbots and so-called ‘simple’ solutions, Total Processing stands out as a company that truly cares about the merchant’s experience,” explained NomuPay CEO Peter Burridge.
“What impressed me the most was the team’s mission and drive to become the ‘most customer-focused payments business in the world’; it’s apparent at every value chain stage. From streamlining the onboarding process to improving authorisation rates and simplifying chargeback management, Total Processing’s consultative approach is maniacally focused on improving each and every one of their merchants’ businesses.”
Engineered to simplify fragmented payment infrastructure throughout Southeast Asia, Europe, and Turkey, NomuPay’s Unified Payments Platform provides scalable payment solutions and robust data management capabilities that are gateway-agnostic.
With the integration of Total Processing’s merchant-centric services, the company plans to maintain this agnostic approach, providing gateway and payment service provider partners with turnkey reporting dashboards, transaction monitoring tools, multi-currency treasury management and cross-border disbursement capabilities.
A licensed provider in Europe and multiple Southeast Asian countries, NomuPay will provide Total Processing with additional acquiring capabilities in Hong Kong, Malaysia, Thailand, the Philippines, and the European Union.
“Having NomuPay’s acquiring capabilities underpinning our merchant servicing offering is a big leap forward, we’re aligned in our customer-first approach, and this partnership will supercharge Total Processing’s growth,” said Robert Pailin, Total Processing’s CEO. “With more resources, we’ll be able to innovate tech faster, expand into new markets, and bring even greater value to our merchants. Exciting times ahead!”
Following the acquisition, NomuPay plans to scale Total Processing’s merchant tooling further into Hong Kong and other key Southeast Asian markets. The company will also leverage Total Processing’s presence in the UK and UAE to bolster its European operations further and grow its market share in the Middle East.
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