Euronet Worldwide completed the acquisition of the merchant acquiring unit of Piraeus Bank for €300m.

Euronet Worldwide, a global financial technology solutions and payments provider, completed the acquisition of the merchant acquiring unit of Piraeus Bank, a Greece banking corporation, for €300m ($360m). "This acquisition from a trusted partner was a logical fit to our overall growth strategy. Because of our prior relationship, we understand the technology, which will ensure a smooth transition from the bank’s systems to ours. We are also eager to apply our expertise to the digital payments side of this transaction. In addition to the fundamental growth in digital payments, we believe we can aggressively grow the online merchant transactions through the use of the payments technologies in our REN® Ecosystem," Michael J. Brown, Euronet Chairman and CEO.