European payment tech firm Paynt has acquired Canadian payment processor E-xact Transactions, which processes over CAD 3.5 billion annually, to accelerate its North American expansion and establish a new hub in Vancouver. Paynt will integrate E-xact’s platform under the leadership of newly appointed board member John Paul Golino and is evaluating additional U.S. acquisitions this year. The move supports Paynt’s global growth and aligns with the industry shift toward SoftPOS solutions, which the company says will soon replace traditional POS terminals.
