International Card to Acquire Neos Merchant Solutions

Posted on by Chief Marketer Staff

International Card Establishment Inc., a provider of electronic payment processing services, has signed a letter of intent to acquire Neos Merchant Solutions Inc., an Irvine, CA gift and loyalty systems provider, for $5 million in stock.

The transaction is expected to close by June 30.

Neos offers gift and loyalty card processing, electronic payment and point-of-sale (POS) equipment integration.

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