The latest sale is part of the insolvency proceedings concerning the assets of Wirecard AG and Wirecard Technologies.
In mid-November last year, Banco Santander and insolvency administrator Mr Jaffé signed a contract for the sale of the European technology platform of the insolvent payment service provider and highly specialized technological assets.
Santander plans to accelerate the growth of its merchant payments business, Getnet, in Europe and expand it at a pan-European level with the acquisition of Wirecard assets, the statement said.
The insolvency administrator has already sold several other parts of Wirecard group worldwide. These include Wirecard North America's sale to Syncapay, Wirecard Brazil's sale to PagSeguro and Wirecard Romania's sale to SIBS.