MH Pillars Acquires Canadian-Based AlertPay

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MH Pillars, a UK-based firm specializing in prepaid-card solutions, has announced the strategic assets acquisition of AlertPay Inc., one of the world’s leading online payment processors.

Together, AlertPay and MH Pillars will deliver e-commerce payment processing solutions to a market that is becoming increasingly global

MH Pillars, a UK-based firm specializing in prepaid-card solutions, has announced the strategic assets acquisition of AlertPay Inc., one of the world’s leading online payment processors. AlertPay’s proprietary technology enables businesses and individuals to send and receive money across the globe, shop and sell online, issue international payouts and perform localized bank transfers. With the addition of the AlertPay platform, MH Pillars will be able to enter the e-commerce industry with a full suite of online payment processing solutions.

“MH Pillars is an emerging leader in the prepaid-card industry, focusing on new markets and growth verticals. AlertPay’s recent entry into Bangladesh as the country’s first online payment processor to provide localized banking transfers showed us that our values and goals are parallel,” said Christopher Henry, president of MH Pillars. “Together, AlertPay and MH Pillars will deliver e-commerce payment processing solutions to a market that is becoming increasingly global.”

Mr. Henry continues to explain that another driver behind the acquisition of AlertPay’s strategic assets is the company’s commitment to customer support. “No other online payment processor has AlertPay’s level of customer support. For MH Pillars, our customers are everything to us. We pay attention to what they have to say – and they want increased account security and enhanced fraud prevention at an affordable price.”

Together, MH Pillars and AlertPay plan to expand both of the companies’ customer bases to deliver next-generation technology and tools to take the online payment processor to the next level of international market presence.

“We are very excited to join forces with MH Pillars, and their team of seasoned professionals. We feel that our e-wallet and payment processing capabilities coupled with MH Pillars prepaid-card expertise will form a symbiotic relationship. ” said Firoz Patel, CEO of AlertPay. “Working with the industry expertise of MH Pillars will help accelerate our target market penetration, along with increasing the service offerings for our current customer base.”

About AlertPay
AlertPay is a Montreal, Canada-based online payment platform that specializes in making and accepting secure e-wallet and credit card payments. The company has over 8 million members, offers its services in 197 countries and in 22 different currencies. More than 75,000 merchants use AlertPay as a one-stop-shop solution to accepting payments. The Company also offers foreign exchange services, localized banking, fraud prevention, email invoicing, mass and single remittances and business management tools.

About MH Pillars
Founded in 2005, MH Pillars Ltd. has been a prominent player in the UK market proposing and providing white label prepaid card solutions for customers worldwide. The MH Pillars team offers extensive payment services expertise that encompasses design, development and deployment of individual payment services.

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