VALLEY BUSINESS : BUSINESS ROUNDUP : Canoga Park Bank-Card Firm Bought by Accesspoint
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Processing Source International, Canoga Park, has been acquired by Accesspoint, Irvine, for an undisclosed sum. PSI becomes a wholly owned subsidiary, the company said.
Accesspoint manufactures Internet-based electronic commerce solutions. PSI is a merchant bank-card processing company with approximately 40% of its business in Internet transactions.
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