BUSINESS

Mastercard acquires payment provider

TAGs: Datacash, Mastercard, payment processing

MastercardIf releasing MyPokerCard wasn’t enough for Mastercard, they’ve now paid £333m for the British payment services provider Datacash. The main reason for the acquisition, apart from to usurp arch nemesis Visa, was the company’s fraud protection software, The Third Man, which, it’s hoped, will bolster its existing online payment business in Asia. Come on then Visa, where’s your come back? Read more.

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