Categories Earnings, Finance, U.S. Markets News

Atlanta-based EVO Payments to buy Ireland’s Way2Pay

Payment service provider EVO Payments, Inc. (EVOP) is bolstering its European presence as it announced the acquisition of Dublin, Ireland-based Way2Pay for an undisclosed amount and terms.

Schools and clubs in Ireland and the UK make use of the Way2Pay payment gateway.

EVO’s President—International Darren Wilson weighed in, “We are very pleased to announce EVO’s acquisition of Way2Pay, which will broaden and deepen our eCommerce and digital payments capabilities, further enhancing EVO’s existing solutions.”

“Way2Pay brings us an established payment gateway, which we will leverage across our global footprint,” he added.

Way2Pay CEO John O’Gorman noted that his company looks to expand Way2Pay through the “EVO ecosystem.”

“The ability to extend our reach and support of schools, clubs, and other organizations in new geographies will be greatly enhanced as we join the EVO family,” the Way2Pay said.

EVO Payments is a payment technology and services provider listed in the Nasdaq. “EVO offers an array of innovative, reliable and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across North America and Europe,” according to the company statement.

EVO is a payment processor in over 50 markets dealing in 150 currencies worldwide.

 

 

Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top