Manchester payments firm Total Processing bought

Dublin-based NomuPay announced that it acquired Manchester-based Total Processing, a “merchant services and bespoke payment processing solution provider.”

NomuPay describes itself as an “end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth.”

Terms of the deal were not disclosed, but NomuPay confirmed the transaction is a mixture of stock and cash.

The deal comes just months after NomuPay’s Series A funding announcement and will enable the company to accelerate its business expansion efforts throughout Southeast Asia, Europe, Turkey as well as enter the Middle East.

NomuPay said: “Previously named as one of the UK’s fastest growing private financial technology companies  … Total Processing’s unique selling proposition is multifaceted.

“While the company prides itself on offering intuitive merchant services, including recurring-based payment collections and innovative merchant-facing portal, it was the organisation’s unwavering dedication to customer service that ultimately captured the attention of NomuPay CEO, Peter Burridge.”

Burridge said: “In an industry that’s plagued by over-automation, chatbots and so-called ‘simple’ solutions, Total Processing stands out as a company that truly cares about the merchant’s experience.

“What impressed me the most was the team’s mission and drive to become the ‘most customer focused payments business in the world’; it’s apparent at every stage of the value chain.

“From streamlining the onboarding process, to improving authorisation rates and simplifying chargeback management, Total Processing’s consultative approach is maniacally focused on improving each and every one of their merchants’ businesses.”

Total Processing CEO Robert Pailin said: “With more resources we’ll be able to innovate tech faster, expand into new markets, and bring even greater value to our merchants. Exciting times ahead.”