EVO and Raiffeisen Create New Card Acceptance Alliance in Poland
New York and Warsaw, April 22, 2015 – EVO Payments International (EVO), a leading card payment acquirer and payment service provider operating throughout the United States, Canada and Europe, announced today that it has entered into an agreement with Raiffeisen Polbank to form a long-term strategic alliance to provide merchants in Poland with payment services. In connection with the alliance, Raiffeisen Polbank will transfer its existing payment services business into a new company created and managed by EVO that closely cooperates with Raiffeisen Polbank. EVO will make available to the bank’s merchant customers a wide variety of market-leading card acceptance solutions and processing for alternative payment methods and will support the acquisition of market share. The deal is subject to regulatory approvals and is expected to be completed by the end of the third quarter of 2015.
“We are delighted to partner with Raiffeisen in Poland,” said James G. Kelly, CEO of EVO Payments International. “This alliance further strengthens our existing position in the Polish market and provides additional opportunities to partner with a leading financial institution. We look forward to expanding our distribution by providing the powerful payment solutions offered by our European platform to Raiffeisen Polbank’s valued customers. Through the alliance EVO will provide a full suite of high-quality payment processing services that will appeal to both existing and prospective customers of Raiffeisen Polbank.”
"We have the desire to offer our customers the opportunity to use card payment services of the highest quality," said Piotr Czarnecki, CEO of Raiffeisen Polbank. "This is why we were looking for a partner who will provide them with efficient handling of all payment processes, offer them the most innovative product solutions, but will also have proven experience in working with financial institutions. The strategic alliance with EVO meets our high expectations and we will actively participate in developing the alliance, offering existing and new customers modern and practical solutions which will support them in developing their businesses. Thanks to this cooperation we plan to increase market share, not only in the micro business segment, but also in the corporate segment."
As part of the promotion currently running for the new micro business account ("Wymarzone Konto dla Biznesu"), the bank offers terminals on lease for 1 zloty for a period of two months. After this time, companies will be able to continue their cooperation as part of an attractive price plan of just 39 zloty per month for the lease of a terminal.
About Raiffeisen Bank Poland S.A.
Raiffeisen Bank Poland S.A. commenced operations in 1991. It offers a full range of services for both individuals and businesses - from micro businesses to the largest corporations. The Raiffeisen Bank Poland S.A. capital group includes: Raiffeisen-Leasing Polska S.A. and Raiffeisen Investment Poland Sp. z o.o. In 2012, Raiffeisen Bank Polska S.A. advanced to become one of the largest banks in Poland through its merger with Polbank EFG S.A.
The bank's services are used by 700,000 customers through a network of over 300 branches throughout Poland. The bank also offers account holders the ability to conduct transactions via a modern call center, as well as its electronic banking systems.
About EVO Payments International, LLC
EVO Payments International, LLC is a leading payment service provider of merchant acquiring and processing solutions for merchants, Independent Sales Organizations (ISOs), financial institutions, government organizations, and multinational corporations located throughout the United States, Canada and Europe. A principal member of Visa and MasterCard, EVO offers an array of innovative, reliable and secure payment solutions, backed by an uncompromising commitment to exceeding the needs of its customers and partners. Visit www.EVOpayments.com for more information about the company and its services.