PayLens /Companies

Payone

Acquirer · PSP

GermanyGermanyFounded 2000
Revenue
€605m(Umsatz (Provisionserträge), PAYONE GmbH single-entity accounts, FY2021) · as of FY2021
Employees
1,300
Headquarters
Frankfurt am Main, Germany
Website
payone.com

What it does

Merchant acquirer of the German savings banks, 60 percent Worldline and 40 percent DSV Group, licensed by BaFin as an e-money institution and listed as both girocard acquirer and network operator.

Deals

  • May 2021·sold Global Payments — Erste Group announced on 7 May 2021 that its payments joint venture with Global Payments and CaixaBank had signed on 3 May to acquire Payone's Austrian customer base, subject to European Commission and Austrian approvals (https://www.erstegroup.com/en/news-media/press-releases/2021/05/07/global-payments-acquires-customers-in-austria-from-payone). PAYONE was then owned by Worldline and DSV Group. Global Payments reported in its Q3 2021 results that the acquisition had closed.
  • May 2018·acquired by Ingenico — Ingenico announced negotiations in May 2018 and signed in July 2018 to merge BS PAYONE with Ingenico Payment Services GmbH in a non-cash deal giving Ingenico control of 52%; it closed in January 2019. The joint venture had about 330,000 acceptance points and €125bn annual volume.
  • Dec 2014·acquired by DSV Group — The savings banks' service company DSV (Deutscher Sparkassenverlag) took an 80% stake in the Kiel-based online PSP PAYONE in December 2014, effective January 2015. DSV later merged PAYONE with its acquirer B+S Card Service into BS PAYONE.
2tracked executives
Who runs it

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