Atlanta-based financial technology company NCR Corp. (NYSE: NCR) said Monday it's entering the payments processing business by buying Allentown, Pa.-based JetPay (Nasdaq: JTPY), a provider of end-to-end payment processing services, for $184 million.
NCR said the deal will let it integrate a cloud-based payments platform into its point-of-sale (POS) technology for the retail and hospitality industries. It also accelerates NCR’s strategy of increasing recurring revenue growth and expanding profit…
