Leading North American Merchant Services Provider Adds $700 million in
Annual Volume and Strengthens Partnerships

MELVILLE, NY, Oct. 3, 2013 /PRNewswire/ – Pivotal Payments, a leading
North American merchant services provider, announces an acquisition
that adds over $700 million in annual volume and 25 new sales partners.
This acquisition will continue to fuel the company’s long-term growth
by increasing overall transaction count, processing volume and
broadening its partnership base. The announcement follows a series of
successfully completed acquisitions over the past ten years.

Pivotal Payments will assimilate the additional partners with its
specialized partnership support team, expanding its sales distribution
network which markets its omni-channel payment technologies.

“We are actively pursuing merger and acquisition opportunities in both
the U.S. and Canada that align with our growth strategies,” said Philip
Fayer, president and CEO, Pivotal Payments. “We look forward to
welcoming our new partners and merchants to Pivotal. Joining Pivotal
allows them to benefit from our innovative payment options, while
strengthening competitiveness in today’s evolving sales environment.”

Merchants belonging to the portfolio can access Pivotal Payments’
omni-channel payment platform to better manage and administer complex
payment systems, be it in store, online or through mobile and social
channels. In addition, using the company’s global merchant acquiring
payment gateway, merchants will be able to consolidate their payment
operations under a single provider. Pivotal Payments will offer its FX
solutions including multi-currency processing (MCP) and dynamic
currency conversion (DCC), allowing businesses to expand their global
reach, improve profitability and provide a better overall customer
experience.

About Pivotal Payments
Innovative, reliable and affordable, Pivotal Payments is a leading
provider and processor of merchant services throughout North America.
Pivotal Payments provides to both online and point of sale merchants a
variety of services such as debit and credit card processing,
electronic check conversion, merchant cash advance programs,
loyalty/gift card programs and terminal management solutions. The
company provides these services to small and mid-sized retail
businesses, mail order/telephone order merchants, e-commerce, chain
stores, franchises, restaurants and dealerships. Processing over US $10
billion in annual transactions, Pivotal Payments serves more than
60,000 customers. To learn more, visit http://www.pivotalpayments.com

SOURCE Pivotal Payments