13 December 2017
visit http://response.ncr.com

PBS, BBS and Teller merge to create Nordic payments giant

09 September 2010  |  10009 views  |  0 credit card chip

Danish e-payments outfit PBS and Norwegian counterpart Nordito - owner of BBS and Teller - have completed the merging of their operations, creating a new group called Nets.

Headquartered in Copenhagen with offices in Oslo, Stockholm, Helsinki, Tallinn, Glostrup and Aarhus, the merged entity employees over 2200 staff.

Nets says it will initially focus on growing its business in the Nordic countries before expanding across Northern Europe to become the region's "leading" player in payments, cards and information exchange.

Rune Fjeldstad, CEO, Nets, says: "The Nordic region is our domestic market and our focus will also be on creating further growth in Northern Europe. The fact that we have joined forces makes us an even more attractive and competitive provider and partner in the field of payment services. International companies are looking for one supplier to handle all payments in the markets where they operate."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

PBS, BBS and Teller to merge

PBS, BBS and Teller to merge

24 September 2009  |  6536 views  |  0 comments
BBS agrees acquisition of Ingenico's Danish and Finnish units

BBS agrees acquisition of Ingenico's Danish and Finnish units

12 June 2009  |  6208 views  |  0 comments
PBS buys Sweden's Stralfors Payments

PBS buys Sweden's Stralfors Payments

28 August 2008  |  5764 views  |  0 comments
Denmark's PBS signs 117 banks to Sepa direct debit offering

Denmark's PBS signs 117 banks to Sepa direct debit offering

22 January 2008  |  10169 views  |  0 comments
Software upgrade hits PBS payments

Software upgrade hits PBS payments

23 April 2007  |  3670 views  |  0 comments
PBS and BBS merge card processing operations

PBS and BBS merge card processing operations

16 March 2007  |  11211 views  |  0 comments
BBS enters Swedish terminal market with Ingenico acquisition

BBS enters Swedish terminal market with Ingenico acquisition

16 March 2006  |  7863 views  |  0 comments
BBS deal with Proton signals Norwegian conversion to chip

BBS deal with Proton signals Norwegian conversion to chip

18 December 2003  |  5369 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.solutions.lexisnexis.comvisit www.aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11937 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9068 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7410 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7210 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7050 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job