Payment Alliance International (PAI), announced today that it has acquired Arizona-based ATM operator Eclipse Cash Systems.
The acquisition adds more than 15,000 ATM terminals and brings an additional four financial institution partnerships to PAI’s existing nationwide network of over 75,000 ATMs. Eclipse’s strong mobile events portfolio and direct ATM placement business nicely augment PAI’s business lines.
“Eclipse brings an important set of business expansion opportunities to PAI,” said David Dove, PAI CEO. “We are very pleased to have Eclipse CEO Chris Biedrzycki and his team join us.”
“The opportunity to join PAI is important to all of us at Eclipse,” stated Biedrzycki. “PAI provides scale, as well as industry-leading portfolio management tools for our market partners,” added Biedrzycki. “Leveraging PAI’s infrastructure and ATM expertise will benefit both our customers and staff through continued growth.”
The entire Eclipse team will join PAI and continue to work out of the Chandler, Ariz. office. Terms of the agreement were not disclosed.
Payment Alliance International (PAI) is the nation’s largest, privately-held provider of ATMs, offering processing and maintenance services, ATM equipment sales and support, and ATM branding programs. PAI also offers comprehensive payment and small business solutions including credit, debit and prepaid card acceptance services in retail locations, online or on-the-go using mobile devices…all designed to maximize customer success and make business easy. Payment Alliance International is based in Louisville, Kentucky.
Payment Alliance delivers tools and services for ATM portfolio owners & operators—retailers, financial institutions, and independent operators/ISOs. The combination of our proprietary portfolio management tools with the services of our Vantage business delivers value in the form of increased performance at significantly lower unit costs.
Eclipse Cash Systems is a nationally recognized independent sales organization (ISO) that has been providing full-service ATM solutions. Eclipse Cash Systems offers transaction processing services, permanent placements, mobile ATM deployments for large-scale events, comprehensive ATM parts and repair services, and a wireless communication platform unique to the ATM industry.