Finland-based card issuing and processing firm Enfuce has entered the Irish market through a partnership with Payac, migrating 125,000 cardholders and 150,000 current accounts linked to Irish credit unions onto its cloud-based card processing platform, according to CFO Tech.

Payac supports approximately 180 credit unions across the island of Ireland in the community and industrial sectors, providing current accounts and debit card services for institutions that serve local communities, including many members who rely on branch-based and familiar financial services rather than mainstream banking providers.

The migration moves card processing away from legacy infrastructure onto a cloud-native platform designed to support day-to-day account and debit card activity at scale. The transition has been structured to prioritise continuity, accessibility and customer support throughout the migration process, reflecting the particular importance of reliability for credit union members.

The partnership marks Enfuce's first formal entry into the Irish market as part of its broader European expansion strategy. Founded in 2016, the company operates under electronic money licences from regulators in Finland and the UK, with its roots in the Nordic market.

Seamus Newcombe, Chief Executive of Payac, said: "Credit unions play a vital role in communities across Ireland, particularly for customers who may be underserved by traditional banking providers."

Newcombe added: "This migration is giving credit unions the technology and resilience they need to continue supporting their members through an increasingly digital financial landscape."

Denise Johansson, Chief Executive and Co-Founder of Enfuce, said: "This partnership is a major milestone for Enfuce as we enter the Irish market and continue accelerating our growth across Europe."

Johansson added: "Together with Payac, we are proving that community-focused financial institutions should not have to choose between personal relationships and world-class digital experiences."

The scale of the migration underlines the growing pressure on credit unions to modernise payments infrastructure while maintaining the trusted, community-centred member relationships that differentiate them from larger banking groups across Ireland.

For the full details of the Enfuce and Payac partnership, read the complete coverage.