(Reuters) – German lender Commerzbank and U.S. company Global Payments announced on Thursday a joint venture to offer digital payment services to small- and medium-sized business customers across Germany.
The new company, named Commerz Globalpay GmbH, is to start in the first half of 2024, with Commerzbank holding a 49% stake and Global Payments the remaining 51%, the companies said in a statement.
(Reporting by Tristan Veyet in Gdansk, Editing by Rachel More)
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