Electronic Merchant Systems Acquires a Majority Interest in Paysley

PRNewswireJuly 8, 20223 min

Electronic Merchant Systems (EMS), a leading provider of merchant services and payment processing solutions, is pleased to announce today that it is bolstering its POS software stack with the addition of Paysley.

Based in Chapel Hill, NC, Paysley combines the physical and virtual payment worlds to provide omnichannel capabilities to merchants of all sizes. Paysley allows merchants to send secure, contactless, tap-to-pay requests to customers over text and email; customers can also make payments by scanning a unique QR Code that can display anywhere online or in person.

Dan Neistadt, CEO of EMS, says the acquisition will allow EMS to host an omnichannel, cloud-based, and multi-user product that provides payment access and real-time reporting information to merchants from any internet-enabled device. “What excites me is that it enhances the merchant experience by giving them more ways to do business,” says Neistadt. “Paysley not only enables us to attract more customers and merchant verticals, but it also solidifies our relationships with merchants.”

For Paysley President and Founder Chris Roets, this partnership moves the company forward by boosting innovation and taking Paysley to a new level. “I am beyond excited about the equity partnership between EMS and Paysley,” says Roets. “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.”

This is EMS’ most recent investment since acquiring Total Touch® POS, a robust restaurant and bar point of sale application, in 2018.

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