The Logic Group (TLG) has a proud history of advancing its payment gateway products for the benefit of our customers. Since Barclays Bank plc acquired The Logic Group in 2014 the capabilities and features of our payment gateway service have been extended further using the wider expertise available to us to ensure we offer the best service and operations to our markets. The Logic Group is transitioning to Barclaycard and as of April 2017 our payment gateway service will change its name to Barclaycard Smartpay. We continue to add payment acceptance channels, payment types and payment methods to offer a truly end to end Omnichannel capability for our clients as well as the thorough security and compliance expected of our services.
TLG and Barclaycard clients have already benefitted from the synergies created by the acquisition. Many of our existing clients have taken advantage of the improved functionality on offer and moved off TLG heritage products increasing their own opportunities in the market to offer greater user experience to shoppers. The time has come for us to look to the future and use our expertise to continue to develop leading products but this also unfortunately means that our heritage products will be withdrawn from the market. This decision has not been without serious consideration from many perspectives but it was a clear and inevitable decision.
The end of 2017 will be a significant milestone as we turn the page and fondly say goodbye to TLG’s heritage products and services.