ChoicePay finally purchased by Tier Technologies

According to the latest reports Tier Technologies, Inc. closed its acquisition of substantially all of the assets of ChoicePay, Inc., a leading electronic payments solution provider based in Tulsa, Oklahoma. Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier Technologies noted that the technology of ChoicePay along with its high performance suits Tier’s long-term strategic plans.

"We were impressed with the immediate synergies of the two companies from the beginning of our negotiations. Their platform will allow us to offer our current clients new features and benefits faster than we originally expected. Also, the addition of a number of talented staff, many with deep industry experience, to the Tier organization will further strengthen our organization,” added Nina Vellayan, Chief Operating Officer.