Spire Payments acquires Thyron Payments Systems

Merger signals expansion intent

Electronic payments solutions provider, Spire Payments has acquired Thyron Payments Systems, the UK-based technology company. 

The purchase agreement signifies Spire Payments as a big European player in the market for Chip and PIN/PCIi SRED certified mPOS solutions. The news also comes amidst plans to roll out a range of Spire Payments terminals in 2013.

Thyron supplies solutions for the mobile payment sector, targeting the retail, hospitality and transportation industries.  It’s latest product dubbed the PosMate Smart enables small enterprised to accept card payments through smartphone and tablet integration.

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