Retalix Acquires Electronic Payment Solution Provider MTXEPS
Retalix, a global provider of software and services to high-volume, high complexity retailers, has acquired MTXEPS, LLC., a provider of secure, end-to-end electronic payment software solutions for retailers, delivered via software-as-service (SaaS) and in-store models.
“With MTXEPS’s premier electronic payment software solutions and large satisfied customer base, we enhance our market leadership in offering retailers comprehensive, advanced solutions across all customer touch points and sales channels,” said Shuky Sheffer, Retalix CEO. “SaaS is one of our growth engines, and MTXEPS’s SaaS platform and offerings enhance our position in this rapidly evolving space.”
MTXEPS’s payment engine integrates with a large variety of point-of-sale (POS) systems, PIN pads and payment processors, giving retailers flexibility in addressing the fast-evolving payments space. According to Retalix, the system enables retailers to rapidly accept new payment types, such as mobile and contactless; address emerging players; and put rich payment programs in place quickly and efficiently. MTXEPS’s offering also includes smart routing and central configuration management monitoring and control, enabling retailers to be fully current with industry regulatory requirements (including PCI compliance), while at the same time reducing total cost of implementation and ownership.
“We’ve had a very successful partnership with Retalix in the U.S. since 2004, and this acquisition is definitely a win-win for both Retalix and MTXEPS customers and partners,” said Jon Elwood, president of MTXEPS. “As our solutions become part of the Retalix offering, we believe that our customers and partners will benefit from Retalix’s culture of innovation, global presence and strong financial position.”
Plano, Texas-based Retalix said it will continue to nurture strong relationships with all MTXEPS customers and partners, and will continue to invest in innovative payment software solutions and attentive support.