The Access Group, a British software company, has wrapped up the acquisition of local payment services provider Eazy Collect.
The companies did not disclose the value of the deal.
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Founded in 2002, Eazy serves SMEs, not-for-profit, blue-chip corporates and the public sector.
It will process more than four million payments on an annual basis.
The firm counts Arriva, Cannon Hygiene, Midlands Air Ambulance and IHG Hotels as clients.
Eazy Collect CEO Andy Stalsberg said: “From our initial strength in the leisure industry and now operating across multiple sectors including our key verticals of Insurance, Utilities, Finance and Telecoms.
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By GlobalData“The growth of the business has been established on a solid foundation of delivering cloud-based and integrated payment processing solutions built on the five key tenants for our industry – compliance, security, integrity, confidentiality and availability.”
At the end of last year, Access snapped up direct debit payment processor Rapidata Services.
Access CEO Chris Bayne said: “We now have a commanding position in the UK payment processing space across multiple industries and will be able to offer even more of our customers, current and future, the capability to process payments in an integrated fashion through their Access Workspace solutions.
“The UK direct debit payments market alone exceeded 4bn transactions last year, with nine in every ten UK adults having at least one direct debit.
“So our immediate focus will be on integrating the Eazy Collect payments processing capabilities into the Access Workspace suite of solutions. This will accelerate our ability to offer payments processing capabilities to all of our focus industry verticals.”
