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Payvision secures strategic investment from ING Group

Monday 29 January 2018 09:28 CET | News

Payvision has announced a strategic partnership with ING, agreeing to sell a majority stake of 75% to extend its global network and payment product portfolio.

With the launch of Acapture in 2015, a new data-driven payment service provider, Payvision aims to bolster groups position as a global merchant acquirer and omnichannel payment provider. The partnership with the Netherlands-based bank will support the payments companys aim to create tailor-made payments solutions designed for the fast-paced international retail environment.

As part of the agreement, Payvisions founding management team will hold a 25% minority stake and will continue to lead the company, backed-up by INGs global presence and retail market share.

For more information about Payvision, please check out a detailed profile of this company in our dedicated, industry-specific online company database.


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Keywords: Payvision, Acapture, ING Group, payments , retail, merchant
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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