Euronet has agreed to acquire PaynoPain, a provider of digital-first payment solutions serving businesses ranging from SMEs to large enterprises across sectors including ecommerce, hospitality, microfinance and marketplaces.
The acquisition will expand Euronet’s merchant acquiring footprint in Spain and Portugal and support the growth of its omnichannel online payments and alternative payment methods offering.
Euronet expects to close the transaction in the third quarter of 2026, subject to regulatory approvals and customary conditions.
It will integrate PaynoPain’s merchant portfolio and technology into its existing acquiring business, strengthening its position in the European merchant acquiring market.
Euronet will also establish an additional Merchant Acquiring Centre of Excellence in Spain to support advanced in-store and digital payment capabilities across its global operations.
The deal supports Euronet’s broader strategy to deliver a unified omnichannel customer experience across digital and physical payment channels.
It also addresses rising demand for ecommerce and omnichannel solutions, particularly among very small businesses, SMEs, and high-growth sectors such as hospitality.
Euronet’s Ren payments platform will be enhanced through the integration of PaynoPain’s online payment capabilities, aimed at improving the delivery of secure and flexible merchant solutions.
The company will also utilise PaynoPain’s payment service provider license, authorised by the Bank of Spain, within its Merchant Services platform to strengthen its regulatory and operational presence in the region.
Nikos Fountas, EVP and CEO of EFT for EMEA and the Americas at Euronet, said:
“The acquisition of PaynoPain enhances our ability to deliver scalable, technology-driven omnichannel payment solutions and further expands our merchant acquiring capabilities in Europe.”
Jordi Nebot Carda, CEO and Founder of PaynoPain, added:
“Joining Euronet marks a significant milestone in PaynoPain’s journey… giving us global scale, expanded capabilities, and the opportunity to deliver greater value to merchants.”
Featured image credit: Edited by Fintech News Switzerland, based on image by freepik
