May 26 , 2011

One of the fastest growing payment processors in North America targets the UK market

LONDON---Pivotal Payments, a leading provider of merchant services forms Pivotal Payments Limited and today announces they have officially entered the United Kingdom and Irish acquiring markets as a payment processing provider. This expansion marks the company's first foray outside of North America and this growth is an integral part of the strategy to enhance its global presence as a trusted, innovative and dynamic merchant services provider.

Pivotal Payments has already added hundreds of UK merchants to its portfolio since March and is confident of achieving rapid growth in 2011 by providing a comprehensive suite of business solutions such as merchant accounts, debit and credit card processing, point-of-sale hardware and e-commerce services. Pivotal Payments continues to be one of the fastest growing payment processors in North America.

"Pivotal is proud to have entered the United Kingdom marketplace and we are excited to share our innovative services and exceptional products with our new and valued clients." said Philip Fayer, president and CEO, Pivotal Payments.

Pivotal Payments is a leading provider and processor of merchant services such as credit and debit card processing, electronic check conversion, merchant cash-advance programs, loyalty/gift card programs and terminal management solutions. The company provides these services to small and mid-sized retail businesses, mail order/telephone order merchants, e-commerce, chain stores, franchises, restaurants and dealerships. With offices across North America and the United Kingdom, Pivotal Payments has grown to over 350 employees and over 1,000 agents and serves more than 60,000 customers. The company processes over US$8 billion in annual transaction volume.


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