ZipLine, a Portland, Maine-based mobile payment and rewards technology platform, acquired SmartClixx, a gift card payment platform based in Boca Raton, FL.
The amount of the deal was not disclosed.
With its acquisition of SmartClixx – which goes into effect immediately – ZipLine officially enters the gift card space, complementing its existing consumer payments and loyalty capabilities.
Founded in 2001 by Gary Dinkin, SmartClixx provides a configurable and customizable ‘closed-loop’ stored value software platform, which offers a proprietary solution for the issuance of gift cards and customer service refunds and returns. The solution is currently installed in numerous nationally and internationally recognized retail brands, processing more than a billion dollars of stored value card transactions annually, through thousands of locations. The company services global brands such as Chico’s, Lord & Taylor, Saks Fifth Avenue, Belk, and Books-A-Million, among others.
Led by CEO Stephen Goodrich, ZipLine offers custom mobile payment and reward programs and technologies, enabling merchants to increase customer loyalty and sales. Specializing in the management of private label payment programs, the company’s clients include retailers such as Circle K, Speedway, Irving, Giant Eagle, and Big Y. The company has locations in Portland, Maine, and Deerfield Beach, Florida.
FinSMEs
10/07/2019