Payment Processing, Incorporated (PPI), the industry leader in integrated transaction processing, has acquired substantially all of the assets of Paradata Systems. The transaction, which added 15 employees, closed on January 6, 2006. Financial details were not disclosed.
Founded in 1995 and headquartered in Whistler, B.C., Paradata has applied its award- winning expertise in software development, transaction processing, and world-class service and support to meet the payment needs of any US and Canadian business. Paradata’s payment system provides support for card-present and card-not-present payment, enables merchants to securely process credit card and e-check transactions and is easily integrated into any application.
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