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Fintrax Group to Acquire Planet Payment

Galway, Ireland and Long Beach, N.Y – October 26, 2017 – Fintrax Group, a leader in multi-currency digital payment processing for tourists, and Planet Payment, Inc. (NASDAQ: PLPM), a leading provider of international and multi-currency processing services, today announced that they have entered into a definitive agreement under which Fintrax will acquire Planet Payment for $4.50 per share in cash.

Patrick Waldron, Chief Executive Officer of Fintrax Group said, “The acquisition of Planet Payment will expand our ability to serve global customers, particularly in the US, Canada, the Middle East, Latin America, China and South East Asia. We look forward to working with Carl Williams and his team to grow the combined business.”...Read more



Dynamic Currency Conversion (DCC) is a service that allows cardholders to pay for goods and services in their own currency. It creates extra revenue for acquirers and merchants and is available across different solutions (POS, ATM and eCommerce).

 

Premier Tax Free VAT refund and consulting services providing shoppers and merchants with an innovative and easy-to-use Tax Free shopping (VAT refunding) solution.

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Fintrax Treasury provides expertise to acquirers by delivering specialist treasury and foreign exchange services.


OUR PARTNERS

Fintrax works in close cooperation with internationally renowned business partners across numerous industry sectors, including finance, IT, tourism and marketing.

Financial partners Our financial partners trust us with their services.

Financial partners

Our financial partners trust us with their services.

Refunding partners Our global partners allow refunds to be processed and delivered quickly and efficiently. 

Refunding partners

Our global partners allow refunds to be processed and delivered quickly and efficiently. 

Technology partners We partner with innovative technology companies to provide cutting-edge solutions. 

Technology partners

We partner with innovative technology companies to provide cutting-edge solutions. 

Brand partners We work with the best brands worldwide – see our brand partners

Brand partners

We work with the best brands worldwide – see our brand partners