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---
description: The February 2019 acquisition combines SVS gift card processing with Buyatab's merchant ecommerce and incentive-channel distribution services.
title: Stored Value Solutions acquires Buyatab for digital gift card commerce and distribution
image: https://giftcard.news/images/social/v1/stored-value-solutions-acquires-buyatab-digital-gift-card-commerce-distribution-a40b8b900a6cbd2ffe36ee25cee41fb5.jpg
---

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# Stored Value Solutions acquires Buyatab for digital gift card commerce and distribution

The February 2019 acquisition combines SVS gift card processing with Buyatab's merchant ecommerce and incentive-channel distribution services.

By [Suzie Elis](https://giftcard.news/author/suzie-elis/) February 19, 2019 2 min read 

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![Buyatab](https://giftcard.news/images/variants/v1/stored-value-solutions-acquires-buyatab-digital-gift-card-commerce-distribution-w1200.webp) 

 Photo: Source: web.buyatab.com 

[Stored Value Solutions](https://giftcard.news/company/stored-value-solutions/) completed its acquisition of [Buyatab](https://giftcard.news/company/buyatab/), the Vancouver-based online gift card technology company, in an announcement dated February 19, 2019\. The transaction brought merchant gift card ecommerce and digital distribution services into the SVS prepaid business.

Buyatab enabled retailers to sell gift cards online to consumers and business buyers. It also distributed merchant cards into incentive and loyalty programs, providing additional purchasing channels beyond a retailer's own website.

SVS president [Mark Schatz](https://giftcard.news/person/mark-schatz/) said digital gift card sales had more than doubled over the preceding three years and linked the acquisition to retailers' online gifting needs. That growth statement was attributed to Schatz in the 2019 announcement.

Buyatab president [Matias Marquez](https://giftcard.news/person/matias-marquez/) described opportunities to combine its commerce and delivery capabilities with SVS processing and data resources. Buyatab's service supported purchases through merchant websites and delivery to recipients by email or text message.

At the time, SVS reported managing more than 700 million card products and processing over 1.5 billion transactions annually. It was headquartered in Louisville, Kentucky and owned by [FLEETCOR Technologies](https://giftcard.news/company/fleetcor-technologies/). Those company figures and ownership details describe the February 2019 announcement.

[Blake, Cassels & Graydon](https://giftcard.news/company/blake-cassels-graydon/) advised SVS. [Portico Capital Securities](https://giftcard.news/company/portico-capital-securities/) served as Buyatab's exclusive financial adviser and [Lawson Lundell](https://giftcard.news/company/lawson-lundell/) as its legal adviser. Buyatab's merchant clients operated in the United States, Canada and Europe across retail, hospitality, restaurants and other sectors.

## Sources and documents

ExpandCollapse 
* [Stored Value Solutions Acquires Buyatab Online Inc.](https://web.buyatab.com/our-news/stored-value-solutions-acquires-buyatab/?utm%5Fsource=giftcard.news) — web.buyatab.com

## In this article

### Companies

* [Blake, Cassels & Graydon](https://giftcard.news/company/blake-cassels-graydon/)
* [Buyatab](https://giftcard.news/company/buyatab/)
* [FLEETCOR Technologies](https://giftcard.news/company/fleetcor-technologies/)
* [Lawson Lundell](https://giftcard.news/company/lawson-lundell/)
* [Portico Capital Securities](https://giftcard.news/company/portico-capital-securities/)
* [Stored Value Solutions](https://giftcard.news/company/stored-value-solutions/)

### People

* [Mark Schatz](https://giftcard.news/person/mark-schatz/)
* [Matias Marquez](https://giftcard.news/person/matias-marquez/)

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![Portrait of Suzie Elis](https://giftcard.news/images/variants/v1/suzie-elis-editorial-portrait-w320.webp) 

About the author

## [Suzie Elis](https://giftcard.news/author/suzie-elis/)

Journalist — Gift Cards & Digital Gifting

Suzie Elis covers gift card products, digital gifting and distribution for Gift Card News.

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