JPMorgan Chase & Co. (NYSE:JPM) is considering acquiring a 47% stake in Greek payments company Viva Wallet SA, Greek media reported on January 24, 2022 without identifying their sources. Viva Wallet provides card acceptance services through its POS application, add-on Google play devices and advanced payment systems in online stores.

According to the ot.gr news website, the value of the deal is estimated at €700 million ($792 million). The Kathimerini newspaper reported that the two sides are expected to sign the deal on January 24, 2022 following months of negotiation. Viva Wallet and JPMorgan were not immediately available for comment.