Polskie ePłatności company was established in 2010. It is engaged in the processing of payments effected by payment cards and provides commercial companies and service providers with terminals for handling such transactions. It has established its position in the market addressing its offer mainly to small and medium-sized enterprises and small and medium-sized retail and service chains. In this way, Polskie ePłatności in a relatively short time gained a well-established position in a difficult but very promising market of non-cash payments. By the end of 2015 Q3, the company held 7 % of the market share in terms of POS terminals and 5% of the market share in terms of the value of card transactions. Only in the past 12 months, PeP has increased the number of its POS terminals by 15.5%. At present, it operates more than 31 000 POS terminals.

PWPW holds shares representing 50 % of the share capital and 58.84% of votes at the General Shareholders’ Meeting of the company. PWPW acts as a financial investor in PeP. In mid-2015, PWPW began selling its shares. In October 2015, a dozen or so entities who expressed their interest in acquiring from PWPW shares held in PeP sent information memoranda concerning the company. In mid-November, PWPW received preliminary bids for its shares held in PeP. Bidders are business investors operating in the domestic and foreign markets. Due diligence of PeP documents was performed at the turn of December and January. Bidders are expected to submit binding offers in mid-February and the deal is expected to be closed around the middle of the year.