ISTS Worldwide’s core solutions are focused on the card transaction space and test automation and it serves payment processors such as Blackhawk Network (a subsidiary of Safeway), ATX (a subsidiary of Euronet), Paypal, Commidea, Loyalty One.

ISTS has a project delivery centre in India and an office in France.

Clear2Pay chairman and CEO Michel Akkermans said that with ISTS they can both offer a pool of card and payments expertise in the US and India, as well as the experience of onsite/off shore project management and delivery.

"This onsite/offshore delivery model will be leveraged inside the Clear2Pay group and will enable us to support our customers in bringing robust future proof technology, and thus their payment products, to market in a much shorter time frame," added Akkermans.