Swedish DebiTech and Danish DIBS merge

- creating Scandinavia’s leading e-commerce payment service provider The boards of Swedish DebiTech and Danish DIBS have decided to merge. The merger will create Scandinavia’s leading e-commerce payment services company. DIBS – DebiTech is during 2006 expected to handle 4,000 customers’ transactions with a value of SEK 30-40 billion.The reason behind the merger is that the profitable companies DebiTech and DIBS have identified major economies of scale and scope in merging rather than continuing to operate separately. The market for payment services within e-commerce continued to develop