Electronic Merchant Systems completed the acquisition of a majority stake in Paysley.

Electronic Merchant Systems, a provider of merchant services and payment processing solutions, completed the acquisition of a majority stake in Paysley, a contactless payment solutions provider. Financial terms were not disclosed. "I am beyond excited about the equity partnership between EMS and Paysley. It is the next big step in our evolution and will translate into an even better payment product and service now and into the future. That will always be the most important thing to me," Chris Roets, Paysley President and Founder.