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.