Secure Retail completes acquisition of Smart Technology Solutions (STS)

Tuesday, March 5, 2024

Secure Retail is pleased to announce the acquisition of STS, a market leading UK-based payments acceptance software specialist.

With over 25 years’ experience in the payments industry STS is a product-led company that invests heavily in developing high-quality payments acceptance applications in order to remain at the forefront of payments innovation.

STS’s modular approach means that these solutions can be used individually in their own right or as part of a broader integrated payments system. Their solutions support cloud, local and hybrid deployment models.

With many thousands of merchant implementations globally across multiple industry sectors, STS offers a suite of innovative payment applications that helps retailers, airlines and transportation operators accept card payments efficiently and securely. Their solutions have been designed for complex payment processing environments with support for multi-merchant and offline implementations.


David Russell, CEO of Secure Retail
“STS has built a strong reputation as a market leading cloud based payments solution provider and we are thrilled to bring them into the Secure Retail family.

The agnostic and modular approach to their application development fits perfectly with the strategic direction of our business and will enable us to enhance the product offerings and partnerships with our customers.

We look forward to the opportunities this acquisition will present Secure Retail as we continue to evolve within the payments space.”

Steve Turner, CEO of STS
“STS has worked very closely alongside Secure Retail for nearly 20 years and I’m very excited about the acquisition of STS by Secure Retail and the opportunity it presents to both businesses moving forwards.

With Secure Retail continuing to invest in our highly experienced development team, coupled with the strong relationships they have built within the payments space, we can expand and deploy into new architectures, markets, and environments previously beyond our reach.”

Andy Leach, Investment Partner at NVM Private Equity
“We are delighted to be backing David and his management team in the strategic vision they have for Secure Retail. The rapidly growing deployment of their payment solutions over the last 5 years will only be accelerated by this acquisition and we look forward to supporting the continued development of the business over the coming years.”

About Secure Retail
Secure Retail is an established provider of secure and bespoke omnichannel payment solutions, delivering vendor-agnostic payment gateways, hardware, software solutions and associated managed services. Over the last 20 years we have established ourselves as a highly trusted and respected payment provider in the UK and across Europe.

The relationships that we have built with our chosen partners over the last two decades, puts us in a unique position to tailor our payment solutions to meet the individual needs of our customers. Secure Retail is registered in the UK and the Netherlands with logistical operations in both countries.

For more information, please visit Secure Retail’s Homepage HERE >

About STS
STS Payments is a leading payments acceptance software specialist with unrivalled EMV expertise. Headquartered in the UK, STS has thousands of merchant implementations located around the world across multiple industry sectors.

Merchants who select STS Payments are provided with independence from payment schemes, acquirers, Payment Service Providers (PSPs), and device manufacturers, thereby generating financial savings and maximising their payments flexibility and future choices.

As a global market leader in EMV Chip and PIN payments, STS Payments also include contactless, NFC mobile payments, cloud payment implementations and the management of Internet of Things (IoT) devices.

For more information, please visit STS’s Website HERE >

About NVM
NVM Private Equity (“NVM”) – NVM is independently owned with 40 years’ experience of investing in the UK SME market. We are a generalist investor differentiated by having executives living and working in regional business communities throughout the UK. We invest into UK based businesses requiring equity investment of between £10 million and £20 million and are actively seeking to both identify and support ambitious management teams realise the potential in the businesses they run. The teams we back may be looking to grow organically, acquire another business or secure a management buy-out.

For more information, please visit NVM’s Website HERE >