Nets Group news and trends

​Nets Group’s Paytrail Plans Checkout Finland Acquisition
Partnerships / Acquisitions // January 05, 2021

Finnish payment service provider Paytrail Oyj, owned by ​Nets Group, is planning to acquire Checkout Finland Oy, part of OP Financial Group.  “The way we shop and transact online is somewhat different in Finland,” Markus Laurio, Paytrail CEO, said in a press release on Tuesday...

Mastercard Says It Will Bend To Win EU Approval For Nets Deal
Mastercard // July 28, 2020

Mastercard Inc. is offering concessions in an effort to defuse the European Union’s antitrust concerns about its planned acquisition of Nets Group, the Scandinavian payment firm, Reuters reported. Mastercard filed its latest intentions with the European Commission, the executive branch of the EU, on Tuesday...

Quick Reads
Mastercard Finalizes Deal For Nets Group’s Account-To-Account Unit

March 05, 2021
Mastercard has finalized its 2.85 billion euro purchase of Nets Group’s account-to-account (A2) division, which includes clearing and settlement, real-time payments and eBilling solutions. Paul Stoddart, president of new payment platforms at Mastercard, said the acquisition marks a decisive point as the company advances multi-rail payments beyond cards.  “This acquisition brings top talent and innovative technology, […]

​Nets Group’s Paytrail Plans Checkout Finland Acquisition

January 05, 2021
Finnish payment service provider Paytrail Oyj, owned by ​Nets Group, is planning to acquire Checkout Finland Oy, part of OP Financial Group.  “The way we shop and transact online is...

Mastercard Says It Will Bend To Win EU Approval For Nets Deal

July 28, 2020
Mastercard Inc. is offering concessions in an effort to defuse the European Union’s antitrust concerns about its planned acquisition of Nets Group, the Scandinavian payment firm, Reuters reported. Mastercard filed...