EVO Payments Takes Stake In Merchant Acquiring Service

EVO Payments announced that it will buy a controlling stake in eServices, a merchant acquiring company owned by PKO Bank Polsi, Finextra reported on November 7.

The deal, which comes with a minimum final price of $113.5 million, will give EVO Payments significant customer access in Poland. eService currently has a market share of over 35 percent, according to Finextra.

EVO Payments’ acquisition is expected to be finalized before the end of 2013.

To learn more about the eService acquisition, read the full Finextra report here.

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