Agilisa Technologies Has Been Taken Over by Payroc in a Successful Acquisition Deal
Payroc Strengthens Global Payment Processing Capabilities with Acquisition of Agilisa Technologies
Payroc, a leading payment gateway, has announced the acquisition of Agilisa Technologies, an API-centric payment gateway based in Santo Domingo, Dominican Republic. This strategic move significantly strengthens Payroc's global payment processing capabilities and expands its presence in Latin America and the Caribbean.
Agilisa Technologies is renowned for its developer-friendly approach and robust API tools that enable seamless, secure transactions across retail, e-commerce, and service industries. By merging Agilisa's gateway into Payroc's existing single-API architecture, partners can now process transactions across multiple countries and currencies through one connection, accelerating developer time to market and reducing complexity.
The acquisition provides Payroc with direct access to Agilisa’s network of hundreds of enterprise-level merchants and marquee regional brands across more than a dozen markets in the Caribbean and Latin America. This not only deepens Payroc’s competitive positioning in these regions but also facilitates seamless, multi-currency, borderless commerce, enhancing Payroc’s overall global payment processing footprint.
Javier Sánchez, CEO of Agilisa Technologies, expressed his eagerness to contribute to Payroc's vision. Agilisa employees will integrate into Payroc's global organization, accelerating feature development for settlement, reporting, tokenization services, and point-of-sale integrations.
This transaction represents a key strategic move that boosts Payroc's global reach and technological capabilities, particularly in Latin America and the Caribbean. Merchants and partners will benefit from reduced complexity, faster integration, and access to Payroc's full suite of value-added services. The merger allows new and existing partners global coverage via one single connection, making seamless, multi-currency transactions across more than a dozen markets possible.
This is the third M&A transaction announced by Payroc in the past 30 days, reflecting a shared vision to simplify and scale payments globally. The acquisition aims to deliver unparalleled value to Payroc's merchants and partners, ushering in a new era of borderless commerce. Agilisa's innovative gateway powers seamless, secure transactions for retail, e-commerce, and service providers, and will be united with Payroc's robust processing network.
In summary, the acquisition enables Payroc to leverage Agilisa’s innovative gateway tech to enhance global, secure payment processing, expand its strategic footprint and influence in the Caribbean and Latin America, and offer a unified payment API for global merchants, simplifying integration and expanding cross-border transaction capabilities. The acquisition strengthens Payroc’s position as a global leader in payment processing.
[1] Payroc Press Release, (2022). Payroc Acquires Agilisa Technologies. [Online]. Available: https://www.payroc.com/news/payroc-acquires-agilisa-technologies/
[2] Finextra Research, (2022). Payroc acquires Agilisa Technologies to expand its presence in Latin America and the Caribbean. [Online]. Available: https://www.finextra.com/pressarticle/91005/payroc-acquires-agilisa-technologies-to-expand-its-presence-in-latin-america-and-the-caribbean
[3] PYMNTS.com, (2022). Payroc Acquires Agilisa Technologies to Expand Global Reach. [Online]. Available: https://www.pymnts.com/news/payments/2022/payroc-acquires-agilisa-technologies-to-expand-global-reach/
- The acquisition of Agilisa Technologies by Payroc amplifies not only their presence in Latin America and the Caribbean but also enriches their payment processing capabilities with cutting-edge technology.
- By merging Agilisa's innovative gateway technology into its existing architecture, Payroc now offers a unified payment API for global merchants, making secure, cross-border transactions possible through a single connection.
