BUSA completed the acquisition of BankCard USA from Quisitive for $76m.

BUSA Acquisition, a holding company, completed the acquisition of BankCard USA Merchant Services, a payment services provider, from Quisitive Technology Solutions, a digital transformation, payment processing, and innovations services and products provider, for $76m. “As we close this chapter, the strategic divestiture of our payments segment marks a pivotal moment for Quisitive. This is not merely a sale, it's a calculated move towards concentrating our prowess where we truly excel – as a spearhead in cloud solutions, in synergy with our powerful Microsoft partnership. This transition embodies our commitment to innovation and customer excellence, as we leverage emerging AI capabilities and cloud technology to deliver unparalleled service. It's a transformative step for Quisitive, as we streamline our focus and harness financial strength for sustained growth and value creation," Mike Reinhart, Quisitive CEO.