Mercantile Processing Inc. acquires Coastal Cash Register

Mercantile Processing Inc., a Delaware-based merchant services and point of sale company, announced its acquisition of Coastal Business Machines.

Founded in Sussex County where the headquarters still remain, MPI has offered point of sale and merchant services in Delaware, Maryland, New Jersey and Virgina for decades. The addition of Coastal Business Machines allows it to broaden local and regional point of sale clientele.

Kyle Morgan, CEO and head of product for MPI, said, “We have been looking for a way to grow our reach in the area, and taking on CBM does exactly that. It also allows us to offer POS systems as well as our white-glove service level to a larger audience.”

This acquisition allows for MPI to continue service work and upgrades for Coastal Business Machine clients.

"We are a local business offering local service," said Tiffany Phippin, MPI point of sale specialist. Phippin manages the customers who were recently acquired from CBM. "I am looking forward to working with these local businesses to help them grow and prosper,” she said.

Mercantile Processing Inc. has offered a robust suite of business solutions including merchant services, point of sale, payroll, gift cards and ATMs. Established in 2016, MPI has established a national and international presence as a premier payments provider. MPI offers programs to community banks through its partnership with the Maryland Bankers Association.

To learn more, call 877-508-2831 or go to mpiprocessing.com.