Optimal Payments Continues US Expansion with Meritus Acquisition 4j3c4u

NETELLER owner buys California payment processor.

Key Takeaways

Optimal Payments is buying California based payment processor, TK Global Partners LP which operates the Meritus brand.
This deal will give the company a better presence in California where there are high hopes that online poker will get a legislative go ahead next year.

Optimal Payments Plc, best known for its NETELLER brand, is buying California based payment processor, TK Global Partners LP. TK Global operates the Meritus brand. 3fa5p

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Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, ing, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on July 02, 2014.

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