Euronet Expands Omnichannel Payment Solutions with Strategic Acquisition of PaynoPain

The acquisition of PaynoPain is set to bolster Euronet's direct merchant acquiring presence in Spain and Portugal, aligning with the company’s objective to expand its global footprint in omnichannel online payments and alternative payment methods. The transaction is anticipated to close in the third quarter of 2026, pending regulatory approvals and customary closing conditions.

Euronet plans to integrate PaynoPain’s well-established merchant portfolio and cutting-edge technology into its existing acquiring business. This integration is expected to fortify Euronet’s standing in the competitive European merchant acquiring landscape. As part of this initiative, Euronet will establish a new Merchant Acquiring Center of Excellence in Spain, which will enhance its capacity to deliver advanced in-store and digital payment solutions across global markets.

By merging Euronet’s expansive scale and international reach with PaynoPain’s technology, the company aims to offer merchants a comprehensive suite of omnichannel payment capabilities tailored to meet diverse customer needs across various industries.

This acquisition is consistent with Euronet’s long-term strategy to create a seamless omnichannel customer experience across both digital and physical payment environments. The move accelerates the company’s response to the increasing demand for e-commerce and omnichannel payment solutions, particularly among very small businesses (VSBs), small and medium enterprises (SMEs), and rapidly growing sectors such as hospitality.

Euronet's scalable Ren payments platform will be further enhanced through the integration of PaynoPain’s online payment expertise, amplifying the company’s ability to deliver innovative, secure, and flexible merchant solutions on a global scale. Additionally, Euronet plans to leverage PaynoPain’s payment service provider license, authorized by the Bank of Spain, further strengthening its regulatory and operational capabilities in the region.

Nikos Fountas, EVP and CEO of EFT for EMEA and the Americas at Euronet, expressed enthusiasm about the acquisition, stating, *“Euronet continues to execute its strategic roadmap through disciplined investments and a focus on strengthening our position in high-growth markets. The acquisition of PaynoPain enhances our ability to deliver scalable, technology-driven omnichannel payment solutions and further expands our merchant acquiring capabilities in Europe. We look forward to integrating their innovative platform into our global payments infrastructure and welcoming their team to Euronet.”*

Similarly, Jordi Nebot Carda, CEO and Founder of PaynoPain, viewed the acquisition as a pivotal milestone for his company. He remarked, *“Joining Euronet marks a significant milestone in PaynoPain’s journey and validates the strength of our technology, our team, and our market vision. Becoming part of Euronet accelerates that mission, giving us global scale, expanded capabilities, and the opportunity to deliver even greater value to merchants globally.”*

Euronet Worldwide stands as a global leader in payments processing and cross-border transactions, facilitating a variety of financial services that include money transfers, credit/debit processing, ATMs, point-of-sale services, and currency exchange. With an extensive operational footprint in over 200 countries and territories, Euronet's robust infrastructure connects consumers and businesses to the global economy, making transactions easier, faster, and more secure.

PaynoPain is a fintech company specializing in payment solutions, dedicated to creating innovative and efficient financial processes. With a focus on cutting-edge technology and agile methodologies, PaynoPain aims to enhance the payment experiences of merchants and consumers alike.

As Euronet continues to solidify its position in high-growth markets, the acquisition of PaynoPain serves as a testament to its commitment to innovation and expansion in the ever-evolving payment landscape.