Mastercard to buy part of payments company Nets for $3.19 billion

FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo

The acquisition comprises of the clearing and instant payment services, and e-billing solutions of Nets’ corporate services business. The acquisition will be complementary to Mastercard Send and Transfast technologies that deliver cross-border payments to bank accounts, mobile wallets and cards, Mastercard said.

Less competition higher fees

Good to here. But the statement is unclear about the truth meaning it refers...

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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