Nets completed the €73m acquisition of Dotpay/eCard from MCI Capital.

Nets, a market leader in the payments industry, has completed the acquisition of a leading Polish online payment service providers Dotpay/eCard. Nets paid €73m ($83m) for the company. With this acquisition Nets gains access to the sixth largest country in EU by inhabitants with a growing economy and eCommerce volumes. Poland also has high growth potential through cash to digital payments conversion, which is well supported by governmental cashless initiatives. With the acquisition of Dotpay/eCard we extend our presence in Europe and get access to new opportunities in Poland which is a high growth market, especially within the merchant services area. We aim to continue the strong development Dotpay/eCard have experienced in recent years through both investments into organic growth and further consolidation.” Bo Nilsson, Nets CEO.