Callcredit acquires UK online payment service provider

UK's Fastest Growing Credit Reference Agency acquires Legatio Technologies Ltd

Callcredit has announced its acquisition of the online payment service provider, Legatio Technologies Ltd. The acquisition highlights the extent of Callcredit's rapid growth and rise, from its creation in 2001, to its current position as the UK's most technologically advanced Credit Reference Agency.

Legatio Technologies Ltd. was set up over five years ago, and has a strong reputation as an innovative provider of online payment services. Legatio's current client roster includes Her Majesty's Revenue and Customs (HRMC) and the Employment Tribunal Service, as well as private sector companies. These include household names such as IBM and BT. Products include Credit and Debit Card Verification services and online payment processing. In addition, Legatio works with its clients to integrate "Smart Forms", to help them simplify data capture.

"We are delighted to have acquired a company which in many ways mirrors our own", says Graham Lund, Deputy Managing Director of Callcredit.

"Legatio has come a long way in a short time, has a reputation for being innovative and boasts a very strong client portfolio - all of which is true of Callcredit. We look forward to a bright and successful future together."