epay has applied to the Commerce Commission for clearance to acquire Ezi-Pay Ltd.
The buyout would include certain assets of Compass Communications and the assets or shares of EFTDATA Holdings Ltd. The latter two companies have the same shareholders as Ezi-Pay.
Both epay and Ezi-Pay are involved in payment processing markets, including for prepay phones, landline calling cards, gift cards and vouchers, and computer software and games purchase/activation cards.
The commission’s role is to determine whether the acquisition would harm competition in the market.
It is due to make a decision by January 31.