EVO Acquires Part of Banco Popular’s Merchant Service

EVO has acquired a controlling stake in Banco Popular’s merchant payments service, according to a November 4 press release.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Popular Payments, the new name for the service, is part of a larger agreement which includes a 10-year marketing alliance.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    “This arrangement is in line with our strategic objective of establishing long-term alliances with premier global companies, and we look forward to leveraging EVO’s expertise and economies of scale,” José Ramón Alonso, Banco Popular’s general manager, said in a November 4 statement.

    To learn more about how this move fits into EVO’s larger strategy, read the full press release here.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.