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EVO Payments, Inc. (NASDAQ: EVOP) announced an extension of its exclusive referral relationship with Bank of Ireland for merchant acquiring services in Ireland and Northern Ireland. The alliance, formed in 2014, continues to enhance payment solutions for merchants, leveraging EVO's expertise and Bank of Ireland's extensive customer base. Both organizations express satisfaction with the partnership's success and aim to further improve digital payment acceptance.
Positive
Extension of exclusive referral relationship with Bank of Ireland enhances market presence.
Successful partnership since 2014 supports merchants' payment needs.
Strategic alliance promotes growth in digital payment solutions in Ireland.
Negative
None.
ATLANTA--(BUSINESS WIRE)--
EVO Payments, Inc. (NASDAQ: EVOP) (“EVO”), a leading global provider of payment technology integrations and acquiring solutions, and Bank of Ireland Group (“Bank of Ireland”), one of the largest financial services groups in Ireland, today announced an extension of their existing exclusive referral relationship for merchant acquiring services in the Republic of Ireland and Northern Ireland.
EVO and Bank of Ireland will continue to provide payment services according to the exclusive marketing alliance, which operates under the name BOI Payment Acceptance (“BOIPA”). BOIPA, which was formed in 2014, provides EVO’s payments expertise to service merchants throughout Ireland and the UK, supporting Bank of Ireland’s extensive customer relationships across its Branch Network, Business Banking, Corporate Banking and digital channels.
“I am very pleased with the extension of our alliance with Bank of Ireland to provide leading payments solutions to merchants across the market,” stated Darren Wilson, President, International, EVO. “Since its launch in 2014, the alliance has been extremely successful supporting the payments needs of the Bank’s business customers. We look forward to continuing our longstanding relationship with Bank of Ireland to enhance digital payments acceptance across its customer base and the Irish market.”
“We greatly value our relationship with EVO and the very strong customer value proposition that we believe EVO brings to our extensive customer franchise,” added Henry Dummer, Director of Everyday Banking, Bank of Ireland. “We are excited to extend this alliance as we believe EVO’s leading payments solutions and excellence in customer service closely aligns with our long-term goal of providing increasingly digital solutions to our customers.”
Terms of the agreement were not disclosed.
Forward-Looking Statements
This release contains statements about future events and expectations that constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements included in this release are made only as of the date hereof and, except for EVO’s ongoing obligations under applicable securities laws, EVO undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.
About EVO Payments, Inc.
EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the international markets it serves.
About Bank of Ireland
Bank of Ireland Group is one of the largest financial services groups in Ireland providing a broad range of banking and other financial services. The Group has a large network of branches and ATM outlets in Ireland, as well as partnerships in the UK with the Post Office and the AA. The Group’s international business is conducted by its Corporate Banking and Global Markets teams operating from Dublin, London, and offices in continental Europe and the United States.
