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Online Payments

Nets completes acquisition of Dotpay/eCard

Monday 7 January 2019 | 01:06 PM CET

Nets, a market leader in the payments industry, has announced the completion of the acquisition of leading Polish online payment service providers Dotpay/eCard.

Andrzej Budzik will continue as CEO of Dotpay/eCard and the brands of Dotpay and eCard will remain. With this acquisition Nets gains access to the sixth largest country in EU by inhabitants with a growing economy and ecommerce volumes.

Poland also has high growth potential through cash to digital payments conversion, which is well supported by governmental cashless initiatives, according to the official press release. Dotpay/eCard employ about 80 people and reported gross revenues of over EUR 12 million in 2017.

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