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Sage today confirmed rumors about their U.K. based Sage Pay payments business saying they are “evaluating potential strategic options for this business, including a sale. There can be no certainty that this evaluation will lead to any transaction.”

 

Via the Sage Pay website:

Sage Pay is Europe’s leading independent payment service provider (PSP) and is one of the most trusted payment brands. We are part of The Sage Group, a FTSE 100 listed Global accounting software company.

Each year, we process over 4 billion payments securely online, over the phone and through card machines. Over 50,000 businesses across Europe rely on us to process card payments securely and help prevent fraudulent transactions. We make sure the payment process is safe and easy for you.

You may recall in 2017 Sage similarly disposed of their U.S. based Sage Payment Solutions for $260 million.

 

Via: Sage Investor Relations