Large earn-out for Pure Commerce vendors 08 May 2013 4:32PM Ian Rogers The vendors of niche payments processor Pure Commerce can expect to almost double the price paid under an earn-out agreement that was disclosed in the latest quarterly report for the buyer, US payments firm Euronet.The vendors were Investec and its staff. Pure Commerce provides currency conversion and multi-currency acquiring products to banks and online merchant acquirers.The purchase price was US$31.3 million in cash and US$5.3 million in Euronet stock. Under the earn-out, Euronet may pay an additional purchase consideration of up to 30 million Australian dollars, with half due in cash and the remaining half being payable in Euronet stock in March 2014, if certain earn-out performance targets are met during an earn-out period ending December 2013.