EVO Payments International acquires PowerPay

Processing more than USD31 billion this year

US credit card processor, EVO Payments International, has recently completed the acquisition of PowerPay, a Maine based provider of e-commerce and POS payment processing solutions (view press release). The deal follows EVO’s recent acquisition of Deutsche Bank’s Europe headquartered Deutsch Card Services. As a result of these acquisitions, EVO’s annual processing volume now totals more than USD31 billion this year. The company currently services 275,000 merchant customer businesses, focusing principally on SMEs.  

Our acquisition of PowerPay and its e-commerce platform represents the next step in EVO’s evolution to become a significant leader in the electronic payments sector,” commented EVO President, Jeff Rosenblatt.

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