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MASTERCARD ANNOUNCES ACQUISITION OF VOCALINK FOR £700 MILLION

MASTERCARD ANNOUNCES ACQUISITION OF VOCALINK FOR £700 MILLION

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million). NEWS OF THE deal came in July, months after the UK payment systems regulator (PSR) recommended the divestment of the company. It came hard on the heels of the sale [...]

The post MASTERCARD ANNOUNCES ACQUISITION OF VOCALINK FOR £700 MILLION appeared first on Payments Cards & Mobile.

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