Dublin payments provider sells Swedish unit to focus elsewhere

Dublin-based electronic payments solutions provider Payzone has sold its Swedish unit for an undisclosed sum, with management saying it will focus on other markets.

The company provides a variety of payment technology solutions, such as ATMs, credit/debit card terminals, and mobile phone top-up machines.

It has sold the Payzone Nordic business, which it created in 1989, to Nets, a Danish-headquartered, pan-Nordic payment transaction services provider.