Deluxe Corp. has appointed the founder of Celero Commerce as its new head of merchant services, the company announced on Monday.
The executive, whose name was not disclosed, will oversee Deluxe’s merchant services operations, which provide payment processing and financial technology solutions to businesses. The move follows Deluxe’s strategic push into digital and integrated payment services, part of a broader effort to diversify beyond its traditional document and identity solutions business.
Deluxe, a provider of checks, business forms and related services, has been expanding its presence in the payments sector in recent years. The company’s merchant services unit targets small and mid-sized enterprises, offering point-of-sale systems, online payment gateways and fraud prevention tools.
The appointment underscores Deluxe’s commitment to scaling its fintech capabilities, aligning with industry trends favoring digital-first financial solutions. The new executive brings prior experience in merchant services and payments technology, though specific details about their tenure at Celero Commerce were not provided.
Deluxe did not disclose additional terms of the appointment or further strategic plans for the division.
