Payment Alliance Acquires ATM Operator Eclipse Cash Systems In AZ

Posted On: 8/30/2019

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LOUISVILLE, KY -- Payment Alliance International has announced its acquisition of automated teller machine operator Eclipse Cash Systems (Chandler, AZ). The acquisition adds more than 15,000 ATM terminals and brings four more financial institution partnerships to PAI's existing nationwide network of more than 75,000 ATMs. Terms of the agreement were not disclosed.

Eclipse's strong mobile events portfolio and direct ATM placement business fit well with PAI's business lines. "Eclipse brings an important set of business expansion opportunities to PAI," said PAI chief executive David Dove. "We are very pleased to have Eclipse chief executive officer Chris Biedrzycki and his team join us."

"The opportunity to join PAI is important to all of us at Eclipse," Biedrzycki said. "PAI provides scale, as well as industry-leading portfolio management tools for our market partners. Leveraging PAI's infrastructure and ATM expertise will benefit both our customers and staff through continued growth."

The entire Eclipse staff will join PAI and continue to work out of the Chandler office.

Payment Alliance International is the nation's largest privately held ATM provider. It offers ATM portfolio management tools and services including transaction processing, bank sponsorship, maintenance, cash in transit servicing and a market-leading portfolio management toolset, PAI Reports, for more than 75,000 ATMs. These tools offer customers high- visibility and control to maximize ATM portfolio effectiveness and profitability.

Eclipse Cash Systems is a nationally recognized independent sales organization that has provided full-service ATM solutions since 2003. The company offers transaction processing services, permanent placements, mobile ATM deployments for large-scale events, comprehensive ATM parts and repair services, and a wireless communication platform described as unique to the ATM industry.