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EVO Payments, Deutsche Postbank agree on Postbank P.O.S. Transact sale by Postbank to EVO

Tuesday 2 June 2015 00:20 CET | News

EVO Payments International (EVO), a card payment acquirer and payment service provider, has reached agreement with Deutsche Postbank (Postbank) for the purchase of Postbank’s merchant acquiring business, P.O.S. Transact (POS Transact).

In addition, EVO and Postbank will enter into a long-term strategic marketing agreement under which EVO and Postbank will make available to the bank’s merchant customers a wide variety of card acquiring and related products on an exclusive basis.

EVO Payments International, LLC is a payments service provider of merchant acquiring and processing solutions for merchants, Independent Sales Organizations (ISOs), financial institutions, government organizations, and multinational corporations located throughout the US, Canada and Europe. A principal member of Visa and MasterCard, EVO offers an array of payments solutions.


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Keywords: EVO Payments, Deutsche Postbank, agreement, Postbank P.O.S. Transact, sale, acquiring, payments processor
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce