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Paysafe Group to Acquire Income Access for CAD$40 Million
- Updated: September 7, 2016
Leading payment solutions company Paysafe Group, formerly known as Optimal Payments, will spend CAD$40 million cash to acquire Income Access, a market-leading affiliate technology business.
Optimal Payments changed its name to Paysafe Group in November 2015 following its $1.2 billion acquisition of Skrill in May 2015; the group also owns the NETELLER payment processor.
Income Access, founded in 2002 and based in Montreal, provides innovative affiliate technology for businesses around the world. More than 25,000 affiliates use the company’s multichannel software for their marketing campaigns.
“By adding Income Access’s affiliate technology to our product suite alongside our Skrill and NETELLER brands and deepening our merchant relationships, this transaction delivers on Paysafe’s strategic objectives to provide relevant payment …
