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American Bancard Purchases Trilogy

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American Bancard LLC has purchased the Trilogy Payment Solutions payments business.

“We are thrilled with closing another transaction, and look forward to a successful integration of Trilogy onto our platform,” Sam Zietz, CEO of Boca Raton, Fla.-based American Bancard, said in a press release last week. “We are able to differentiate our offerings to merchants through our proprietary [point-of-sale] systems and technology products, allowing us to become a true solution provider.”

American Bancard provides electronic payment equipment and merchant processing while also offering merchant cash advances.

The Strawhecker Group, an Omaha, Neb.-based payments-industry management consulting company, served as advisor to Trilogy, the release said.

SEE MORE IN

The 2015 ISO&Agent Fact Book is our annual listing of ISOs, processors, terminal makers, suppliers, consultants, industry organizations and other participants. This issue also includes an examination of Walgreens' mobile strategy for payments and health care; a look at whether Bluetooth beacons can be used to accept payments; and some big ideas for small payment terminals.