FTS Acquires Boaz Payment Systems

Financial Transaction Services, a full service provider of electronic transaction processing, today announced that it has acquired Boaz Payment Systems.

Boaz Payment Systems administers exclusive merchant processing programs for ADP Lightspeed, Honda, Kawasaki, Yamaha, The Association of Pool and Spa Professionals, and other large organizations.

“This partnership makes perfect sense for our clients and for our business as a whole. As part of FTS, Boaz Payment Systems will be able to leverage better pricing, infrastructure, additional products and services and a world class management team that will help us deliver the kind of service our Fortune 100 clients and come to expect”. “Any time that you can combine two organizations with the same business ethics, integrity and business philosophies, you can make 1+1=3 and that is exactly what we have done here. I could not be more excited about the future for our clients and their programs.” Says Matt Tanzy, President, Boaz Payment Systems.

“Boaz Payment Systems provides FTS a powerful distribution channel with their strategic National Association relationships .” said Brian Shanahan, Chairman of Financial Transaction Services. “The addition of Matt Tanzy and his sales force provides FTS with an innovative sales program that focuses on obtaining quality merchants in the low risk and high volume retail space.” said Shanahan.

About Financial Transaction Services

Financial Transaction Services is a full service provider of electronic transaction processing services for Merchants, Independent Sales Organizations (ISOs) and Financial Institutions. Financial Transaction Services offers a comprehensive line of solutions for credit and debit cards, gift cards, electronic check conversion, verification and guarantee as well as terminal services and online Payment Gateway Solutions.