SEPAY merges with Buckaroo to create omnichannel payment solutions
By Gloria Methri
Dutch payment terminal provider SEPAY has announced its merger with payment service provider Buckaroo. The merger will enable customers to make use of omnichannel payment solutions where they can buy, lease, or rent payment terminals for processing in-store payments in addition to the current payment solutions via Buckaroo.
“I am excited to see how the merger between Buckaroo and SEPAY will open a new chapter of growth and opportunities. Both existing and new customers can turn to us to expand their offering with mobile and fixed payment terminals in addition to current payment solutions. This will allow consumers – both online and in physical stores – to experience even greater convenience and flexibility while making payments,” said Paul Scholten, CEO of Buckaroo
SEPAY is one of the largest independent providers of payment terminals in the Benelux. It offers customers a range of products and services such as the selling, leasing, and renting of mobile and fixed payment terminals including the associated debit and credit transactions. Effective as of the 1st of September, the name of SEPAY changes to SEPAY by Buckaroo.
“Consumers are asking for an omnichannel payment solution. This demand is also growing in physical stores. Now, as SEPAY by Buckaroo and as part of Buckaroo, we are going to make payments for businesses even more complete, simple, secure, and accessible,” said Herman Roebersen, CSME at Buckaroo.
Looking to the future, Buckaroo and SEPAY by Buckaroo will join forces and support companies in the further development of their payment strategy. In addition to omnichannel payment solutions, Buckaroo and SEPAY by Buckaroo customers can always rely on an accessible payment provider that offers optimal support and service.
Back in July 2021, Buckaroo acquired a majority stake in SEPAY, with the support of Keensight Capital. The acquisition was aimed at strengthening its position in the SME market and its offerings with omnichannel payment solutions, both to current and new customers.
IBSi Daily News Analysis
January 16, 2024
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