Merchant e-Solutions, a payment-processing company, will establish its new corporate headquarters in Buckhead. According to a media statement from the city of Atlanta, the project will create 140 new jobs and a capital investment of $5 million.

“We welcome Merchants e-Solutions to ‘Transaction Alley,’ in the City of Atlanta,” said Mayor Kasim Reed in the statement. “With this relocation, Atlanta is further growing our FinTech sector and solidifying our status as a national and international hub for transaction processing. Atlanta is a fantastic place for technology companies and entrepreneurs to bring and build their dreams.”

Merchant e-Solutions is a commercial acquirer and global payment processing company. The company’s technology platform supports the needs of a variety of merchant segments, from small businesses to B2B wholesalers and global e-commerce enterprises.

“We are excited to make Georgia our home,” said Merchant e-Solutions chief executive officer Tom Bell. “The Atlanta market brings us closer to key business partners and allows us to tap into the amazing talent of this rich financial technology epicenter as we establish and expand our local presence.”