BOSTON — MerchantPortfolios.com has announced the debut of its online marketplace for buyers and sellers of merchant processing portfolios, ATM portfolios, residuals and independent sales organizations.
"Sellers of merchant portfolios and ATM portfolios now have the ability to maximize the selling price of their assets by getting as many buyers as possible to compete for them," said Adam Hark, a partner at MerchantPortfolios.com. "Traditionally, sellers of ATM and merchant portfolios contact two to three buyers and try to negotiate the best deal for themselves. By doing this they invariably miss out on a much larger marketplace of potential buyers including everybody from industry buyers, non-industry buyers, funds and other sales and marketing organizations."
