Acquisition fuses processor-owned economics with developer-first APIs, powering commerce in local currencies across three continents
Electronic Payments, Inc. (EPI), the processor behind the Cygma authorization and clearing platform, announced it has acquired Handpoint, a pioneer in integrated and mobile payments trusted by leading ISVs and payments institutions across the United States, Canada, the United Kingdom, South Africa, and Europe.
Catch more Fintech Insights : What’s Shaping the Future of Digital Lending? Key Trends to Watch
Since 2014, Handpoint has built card-present APIs engineered for global scale, empowering enterprise software providers to embed payments across complex, multi-region architectures while enabling market-defining omni-commerce experiences.
“EPI’s in-house approach and culture of putting partners first perfectly complement our developer DNA,” said David Gudjonsson, CEO of Handpoint. “By uniting our technologies, we’re giving developers and merchants a passport to global markets—no extra hardware certs, no code rewrites, just plug-and-play payments from Madrid to Miami.” Gudjonsson will stay on to ensure the seamless integration and drive EPI’s global ambitions.
Nardy added, “This is a seminal transaction for EPI. Our agents can now deploy their own branded smart terminals at scale. Our POS and ISV partners can flip the switch on international markets, monetizing payments within their software and retaining accretive economics with EPI acquiring. And our gateway-only clients will benefit from Handpoint’s technology, certified to more than 40 acquirers globally, and backed by an industry stalwart now helping to inform their ISV strategy.”
Strategic Benefits:
- Global Footprint, Local Settlement – Multi-currency gateway and acquiring relationships in Canada, Europe, and Africa augment Cygma’s U.S. capabilities, enabling processing in 13+ currencies under a single contract.
- Developer-First Embedded Platform – Unified APIs shorten integration time, broaden hardware choice, and keep merchants outside PCI DSS scope.
- Global from the Core – POS providers embed a single REST API or Android/iOS SDK and enjoy a “build once, deploy globally” reality with no region-specific rewrites required.
- SmartPOS Without Limits – ISOs and ISVs can brand and manage terminals at scale, from enterprise-grade POS installations to small-merchant deployments.
Read More on Fintech : What to Expect from Modern Spend Management: Finance Leaders Speak Out
[To share your insights with us, please write to psen@itechseries.com ]
