Mastercard (NYSE: MA) is reportedly preparing to sell off a major payments business it purchased from Denmark’s Nets Group in 2019 for roughly $3.2 billion, marking a reversal of what was then the company’s largest acquisition. According to sources familiar with the matter and cited… Read More
Read more in: Global, Fintech | Tagged divestiture, mastercard, nets group, payments
Network for Electronic Transfers (NETS), which is Singapore’s payment services group, and National ITMX, Thailand’s inter-bank payment infrastructure and central data processing system, recently confirmed the expansion of their cross-border QR payment partnership. This collaboration will aim to support inbound and outbound international payments between… Read More
Read more in: Asia, Fintech | Tagged cross-border payments, Cross-Border Transactions, digital transactions, global payments, lawrence chan, nets, nets group, payments, singapore, southeast asia, thailand
Michael Santner has reportedly joined European payments platform, Nets, part of Nexi Group, as Head of PSP DACH. In this new role, Michael is responsible for digital commerce payment services being offered in the DACH region. His key focus is on the ongoing development and… Read More
Read more in: Fintech, Global | Tagged europe, Michael Santner, nets, nets group, new appointments, payments
Nets, an established Nordic payments firm, has reportedly decided to acquire Polskie ePłatności (PeP) in a transaction that would value the Polish merchant acquirer at around €405 million (appr. $454.3 million). PeP’s business is focused on services that are typically required by small and medium-sized… Read More
Read more in: Fintech, Global | Tagged acquisition, cashless transactions, digital payments, europe, nets, nets group, nordic region, poland
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