Pineapple Payments acquires CardChamps portfolio
Pineapple Payments, a payments technology company, has announced the strategic portfolio acquisition of CardChamp, a fellow Pittsburgh-based payments company providing merchant services and payment processing solutions.
CardChamp will work out of its downtown Pittsburgh headquarters. CardChamp president and founder, Jimi Romanus, will continue to oversee CardChamp business and operations.
The acquisition provides CardChamp with access to Pineapple Payments’ proprietary payments technology and suite of omni-channel payment tools. Terms were not disclosed.
“Our philosophy on payments is twofold – merchant services that can be offered to any and every business that accepts payments, but also payment solutions that are customised and tailored to meet specific needs,” says Romanus. “We’re able to find personalised solutions for niche payments needs and our team is really excited about that.”
Pineapple Payments is cofounded by president, Jon Halpern, who worked closely with Romanus in securing the new partnership.
Halpern adds: “We plan to drive new opportunities through our expanded value-offerings and the collaboration of our teams will only strengthen our shared dedication to engage customers with comprehensive payment solutions.”
While both Pittsburgh-based, the blending of these organisations will expand distribution channels nationally.