Repay SPAC
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TriSource Acquisition
Company Overview
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TriSource
SOLUTIONS LLC
Company Overview
Founded in 2007
Headquartered in Bettendorf, IA with an additional office in East Moline, IL
Processing Business (~70% of 2018 gross profit): Provides back-end processing and other services to small and medium-sized merchant
services providers, ISO's, and banks
Direct/Agent Business (~30% of 2018 gross profit): Operates as a direct ISO on behalf of its owned portfolios and external sales agents
▪ Current clients include those focused in the Health Club and Community Bank sectors, among others
Solutions and Services
Payment Processing: Supports card-present and card-not-present payments for all major card brands as well as ancillary payment
methods such as gift cards, EBT, ACH, etc.
Boarding and Risk Management: Dedicated risk management and underwriting systems to support own business and ISO's
operating under a full liability processing model
Clearing and Settlement: Provides BIN/ICA relationships and in-house certified endpoints with Visa, Mastercard, Discover, and
American Express
▪ Authorization: Front-end authorization services (through TSYS and others) and terminal help-desk
▪ Additional Services: Flexible merchant-level reporting and data feeds, analytics, multicurrency processing, mobile and wireless
payment solutions, custom development
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