ING Bank is to acquire 75 % of payments provider Payvision . In order to stay a step ahead, ING has to constantly innovate. Amsterdam - based Payvision provides over 80 different payment methods and is valued at about $ 445 m . Its team will have a 25 % stake after the deal is closed , which is expected to be in this quarter . ING 's CEO , Ralph Hamers , said Payvision was a great solution with proven potential in an area where the Dutch bank needs to expand , adding he was confident customers would " strongly benefit from this investment " .
ING Bank is to acquire 75 % of payments provider Payvision . Amsterdam - based Payvision provides over 80 different payment methods and is valued at about $ 445 m . Its team will have a 25 % stake after the deal is closed , which is expected to be in this quarter . ING 's CEO , Ralph Hamers , said Payvision was a great solution with proven potential in an area where the Dutch bank needs to expand , adding he was confident customers would " strongly benefit from this investment " .