Acquisitive merchant acquirer Payroc WorldAccess LLC has struck its latest deal, this time with a definitive agreement, announced Thursday, to acquire card-not-present payment processor BlueSnap Inc., which has seven offices around the globe.
Financial terms of the deal were not disclosed. Payroc, based in the Chicago suburb of Tinley Park, Ill., operates in the U.S., Canada, and Puerto Rico.
“This transaction dramatically expands our global footprint and the breadth of capabilities we can bring to our customers and partners,” Payroc chief executive Jim Oberman said in a statement. “More importantly, we are impressed with the BlueSnap team—our shared culture and vision aligns with Payroc’s ongoing commitment to deliver a more efficient, intelligent, and global payments experience.”