ATLANTA - Payment processor Nova Corp. will form a joint venture with Bank of Ireland to expand into Europe, the companies said Tuesday.

The new company, EuroConex Technologies Limited, would process credit, debit, and chip cards for small and midsize merchants. The venture will also become the exclusive European distributor of e-commerce and business-to-business services provided by Econex LLC, a U.S.-based Web software company for small and midsize businesses. Nova is a majority owner of Econex.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.