Press release

Concardis Payment Group will merge with Nets to further drive the European expansion of the combined Group

Ballerup, Denmark, and Eschborn, Germany, 4 June 2018 – Nets A/S and Concardis Payment Group have today announced at Money 20/20 that the two companies will join forces to form a leading European payments player.

The newly-formed Group will further refine its service offering, bringing innovation to market faster, empowering merchants and better meeting consumers’ needs for more digitized, easy-to-use payment solutions. The merger creates a business with approximately €500 million of EBITDA and €1.3 billion of net revenue. The resulting industrial scale will enable further investments in innovation and service improvements for merchants, enterprises and bank customers, allowing the Group to reinforce its leading position in the European payments market.

Download PR in PDF to read the rest.

More information: Marketing Office marketing-communication@mercury-processing.com

You will also like

Mercury Processing Services International uses cookies in order to improve the experience users have on our website. You can find more information on the types of cookies we collect as well as their purposes in our COOKIE POLICY. Please choose which cookies the Mercury Processing Services International website can use: