Building on the BluePay acquisition announced last year, First Data has officially integrated BluePay and CardConnect functionality as part of its expanding suite of product offerings for software companies. Slated to streamline the company’s ISV solution, this new combination enables software companies to more efficiently add payment processing to their SaaS, POS and mobile applications, according to the press release.
Existing technology, sales and operations teams have also been combined among the CardConnect and BluePay organizations under the CardConnect brand. Efforts are targeted to not only deliver increased value to their software partners but also enhance and develop new ISV-centric technology to service the ISV space.
“First Data is committed to creating an ecosystem that helps the developer and software community realize the full advantages of integrated payments,” said First Data Chairman and CEO Frank Bisignano, via the same release. “We brought CardConnect and BluePay into the First Data family to evolve our ISV business into being a world-class offering. Combining these two organizations is the natural next step in furthering our momentum in the high-growth ISV space.”
The release also quotes BluePay CEO Bala Janakiraman: “Upon joining First Data, the advantages to existing BluePay partners were clear. This move will make CardConnect’s powerful partner portal, CoPilot, accessible to our partners who have integrated to the BluePay Gateway, allowing them to continue to thrive. In addition, CardConnect partners will benefit from BluePay’s robust gateway, fraud management tools, account updater, and an expansive selection of payment plugins for business management software in a variety of verticals.”
Existing CardConnect and BluePay customers will be able to take advantage of this new functionality without requiring changes to their current technical specifications. The BluePay payment gateway will also continue to “function as a key platform providing additional integrated solutions,” according to the same release.