The strategic alliance between Nets and Przelewy24

News
02.08.2019

The strategic alliance between Nets and Przelewy24 constitutes one of the largest players on the Polish market of payment service providers - P24 DotCard.

The strategic alliance between Nets, the leader of the payment services market in the Nordic countries and the DACH region (Germany, Austria, Switzerland), and Przelewy24, a leading payment service provider in Poland, has become a fact. Both the Office of Competition and Consumer Protection and the Polish Financial Supervision Authority gave their consent for its formation. The new Polish group called "P24 DotCard" includes the following services: Przelewy24, Dotpay and eCard. The latter two were acquired by Nets earlier this year. Thanks to this alliance, the P24 DotCard is one of the largest payment service providers in Poland. The majority shareholder (51%) in P24 DotCard is Nets. All the services will keep their own brands.

Bo Nilsson, the CEO of Nets Group, comments:

"With the formation of a new group of companies, we are developing and strengthening our position in Europe, in particular, in the region of Poland. Joining forces and intensifying cooperation between the Dotpay, eCard and Przelewy24 brands will bring them benefits in the form of increased scale of operations and improved opportunities to quickly reach the ever-growing e-commerce market. I am optimistic about the development of our business and strengthening our presence in Poland. "

Piotr Kurczewski, the President of the Management Board of PayPro SA, the owner of Przelewy24, adds:

"Thanks to the combined offer, we will be able to strengthen the portfolio of services, and as part of the Nets group, in cooperation with all its members, we will get a chance to streamline the work on an innovative approach to the market in which we operate."

Przelewy 24 Team

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