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CardConnect is a leading provider of payment processing and technology solutions, helping more than 70,000 organizations – from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. Since its foundation in 2006, CardConnect has developed advanced payment solutions backed by patented, PCI-validated point-to-point encryption (P2PE) and tokenization.
In 2017, CardConnect was acquired by First Data. First Data acquired all of the outstanding shares of common stock of CardConnect for 15.00USD per share in cash, for an estimated sum of 750 million USD.
The company’s small-to-midsize business offering, CardPointe, is a comprehensive platform that includes a powerful reporting and transaction management portal that extends to a native mobile app. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several ERP systems – such as Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI compliance requirements and lowers transaction costs.
CardConnect is headquartered in Pennsylania, USA. Its subsidiaries, CCN Chicago Llc, GlobalTech Leasing Inc, Mertzco Inc and Aliant Financial Services Inc are also located in the United States. This provider focuses on the North American continent.