IRVING, Texas, Dec. 5, 2014 /PRNewswire/ — SignaPay LTD, a payment solutions provider announced the acquisition of PayHub™, a payments technology company that offers an innovative online payment gateway that currently services over 2,100 businesses throughout the United States. PayHub allows integration partners the ability to capture new markets and securely accept online and mobile payments. Developers can incorporate payment acceptance within custom apps and offer streamlined solutions supported by experienced payment industry resources.

“The payment industry is changing and the addition of PayHub expands our focus and allows SignaPay to build and expand new partnerships,” said John Martillo, Founder and CEO of SignaPay. “Being quick to market with easy to integrate APIs is critical for developers and merchants,” John continued.

PayHub was founded in 2011, by the Hyman brothers and was built to provide an advanced virtual terminal and a recurring billing solution that evolved to a mobile and eCommerce solution with API features. “PayHub was built as a technology company first. SignaPay’s sales expertise and desire to incorporate payments technology into their brand made them the perfect company to take PayHub to the next level,” said Zach Hyman.

The acquisition gives SignaPay™ a unified payment solution for partners and merchants, as well as the resources to build collaborative relationships with software companies and developers. PayHub™ supports online and recurring payments, offers a swiped mobile payment solution with an encrypted swiper and has a virtual terminal that handles swiped and keyed transactions with real-time reporting. They have integrated multiple eCommerce systems like Magento and offer a full transaction API for seasoned developers. As a Level 1 Service Provider, PayHub™ and SignaPay™ are both PCI compliant and secured.

SignaPay™ founded in 2007, located in Texas, offers a complete menu of payment solutions for merchants including credit card and debit card processing, gateway integration, fraud prevention, customer loyalty, analytics software as well as equipment including mobile and point of sale systems. SignaPay™ is dedicated to their partners and merchants and continually seeks ways to build relationships and grow businesses with streamlined solutions. For more information go to our websites, www.payhub.com and www.signapay.com.

For Additional Information
Michelle Jenkins
Marketing and Product
972.894.1139 x 5560
michellej@signapay.com

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SOURCE SignaPay