EVO Takes Majority Stake In Polish Acquirer

EVO Payments International says it has completed its acquisition of a major stake in eService, the merchant acquiring company owned by Poland-based PKO Bank Polski.

EVO now owns a 66 percent interest in eService. EVO will invest additional funds to expand eService’s operational scope in Poland and elsewhere in Central and Eastern Europe.

“eService’s acceptance network consists of more than 80,000 POS terminals and represents the largest network of terminals supporting contactless payments in Poland. The strategic alliance will ensure that the bank and eService’s customers will continue to have access to leading payment products and services, including in the area of e-commerce,” the company wrote in the press release.

To learn more about EVO’s acquisition of eService, read the full press release by clicking here.