U.S. Bancorp's global payment processor unit Elavon Inc. has acquired Payius in Gothenberg, Sweden.
The deal will extend Elavon's distribution capability in Sweden and the Nordics.
Payius has been an Elavon-exclusive reseller since 2013, focused on providing Elavon merchant acquiring services in Sweden, Denmark and Finland.
Terms of the deal were not disclosed in the company release.
