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Online Payments

Nets reveals strategic alliance with Przelewy24

Friday 2 August 2019 | 12:37 PM CET

The strategic alliance between Nets and Przelewy24, a Poland-based online PSP, has now become a reality as all regulatory authorities have given their approval.

The new joint Polish group under the holding company P24 DotCard includes Przelewy24 and Dotpay/eCard, which were recently acquired by Nets, a player in the European payments industry.

P24 DotCard is now one of the largest online PSPs in Poland. With a stake of 51%, Nets is a majority shareholder of P24 DotCard. The brands of Dotpay, eCard, and Przelewy24 are being retained.

In recent news, Nets and Swish, a Sweden-based payments app, have announced their collaboration on an in-store payments pilot programme that will expand to additional merchants after the summer of 2019 – being the first of its kind in Sweden.

More: Link
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