Eye on Acquiring: VizyPay’s Echo Daily Acquisition; Nuvei Debuts Small Business Support Program

Independent sales organization VizyPay LLC is buying one-time competitor Echo Daily Inc., and Nuvei Technologies Inc. is launching its Merchant Guru program to assist merchants affected by the Covid-19 outbreak.

West Des Moines, Iowa-based VizyPay says its acquisition of Minden, Nev.-based Echo Daily will provide a boost in employee expertise in sales, customer support, and technology support. It also provides a second office for the 3-year-old VizyPay, which relies on a cadre of independent sales agents to sell merchant services.

“This acquisition is the next logical step in our growth strategy and the immense amount of sales and technology experience Echo Daily brings to the team will enable us to take our company to the next level,” Austin Mac Nab, chief executive of VizyPay, said in a statement.

VizyPay also gains access to Echo Daily’s point-of-sale loyalty program. Along with traditional merchant services, VizyPay also has a cash-discount program. 

In related news, Montreal-based Nuvei launched its Merchant Guru program to help small businesses contend with the Covid-19 outbreak and beyond. The service provides a cloud-based payment system to merchants. Nuvei provides custom setup assistance with social media, online advertising, and e-commerce sites, among other matters.