Utrecht-based Buckaroo, a payment services provider, announced on Thursday that it will merge with The Hague-based SEPAY, a payment terminals provider. Buckaroo had acquired SEPAY in July 2022, with the support of Keensight Capital.
The merger will in effect as of September 1, 2023, and will create a single provider of omnichannel payment solutions, SEPAY by Buckaroo.
SEPAY by Buckaroo will allow customers to buy, lease, or rent payment terminals for in-store payments, while the current payment solutions of Buckaroo will continue to be available.
“I am excited to see how the merger between Buckaroo and SEPAY will open a new chapter of growth and opportunity,” says Paul Scholten, CEO of Buckaroo.
The merger seeks to meet the growing demand for an omnichannel payment solution, even in physical stores. According to Scholten, SEPAY by Buckaroo will provide consumers with even more convenience and flexibility when making payments, both online and in physical stores.
Another benefit of an omnichannel payment solution is that it gives business owners complete control and visibility into the payment process. Businesses can gain insights into their customers’ online and offline payment behaviour. These insights can be used to optimise the payment process, thus increasing the conversion rate.
“Now, as SEPAY by Buckaroo and as part of Buckaroo, we are going to join forces to make payments for companies even more complete, simpler, safer and more accessible,” says Herman Roebersen, CSME at Buckaroo.
Providing payment solutions
The Hague-based SEPAY is one of the leading independent providers of payment terminals in the Benelux. The company offers various payment solutions, including selling, leasing and renting out mobile and fixed terminals of the associated debit and credit transactions (VISA, Mastercard, and AMEX).
Today, the company provides payment services to over 25,000 customers in the Netherlands.
“It is our mission to optimise our customers’ payment traffic by developing and delivering secure, efficient and affordable electronic payment services in a total solution,” says Scholten.
Buckaroo is a payment service provider that helps enterprises of all sizes, both corporate organisations and SMEs, accept payments online and in-store. Its secure and reliable payment platform makes it easy for businesses to accept payments and improve their cash flow.
Moving forward, Buckaroo and SEPAY by Buckaroo will work together to help businesses develop their payment strategies.
Interested businesses can buy, rent, or lease a payment terminal from Buckaroo. The prices start at €99.00 to purchase an ATM, €7.50 per day for a rental, and €14.95 per month for a lease. These ATMs come with different contracts and free trials.
In addition to offering omnichannel payment solutions, Buckaroo and SEPAY by Buckaroo also promise to continue being responsive payment providers. The two companies will always be willing to assist customers and provide optimal support.
Read the orginal article: https://siliconcanals.com/news/buckaroo-sepay-combine-forces/
