Chockstone Acquires Peppercoin

Apr 20, 2007

Chockstone Inc., a provider of customer loyalty marketing programs and stored value solutions, has acquired Peppercoin, a provider of card-based merchant loyalty programs and related consulting and analytical services. Peppercoin's PCI-compliant services are used by restaurant brands to tie customer loyalty programs to credit and debit cards at the point of sale. Both companies are privately-held, and financial terms of the Peppercoin transaction were not disclosed.