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Announced

Payment Alliance International to acquire ISA-Ecash.

Synopsis

Payment Alliance International, a leader in ATM portfolio management products and services, has agreed to acquire ISA-Ecash, an ATM operator. Financial terms were not disclosed. The acquisition adds 40 plus financial institution customers with 960 ATMs located throughout the Northeast to PAI’s existing nationwide network of more than 75,000 ATMs. The acquisition also encompasses ISA-Ecash’s industry-leading ATM Manager Pro software offering, which makes it easier for ATM deployers to maintain total command of ATM and cash operations. ATM Manager pro currently supports more than 270,000 ATMs across America. “We are very excited about the capabilities ISA-Ecash has built over the years and the value they will add to our portfolio management products and services business. Jack O’Toole and Jim McGuire have built strong and enduring relationships with their customers, and we look forward to having them and the rest of ISA-Ecash’s employees join the PAI team,” David Dove, PAI CEO.

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