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Spain’s over-complex card market processing structure, with three domestic card payment groupings, is set to take a big step towards rationalization. ServiRed and 4B, respectively the biggest and second-biggest schemes, have agreed ‘to begin contacts that may lead to negotiations, to determine the viability, desirability, and possible terms of a merger of their processing businesses,” [...]
The post ServiRed and 4B plan to merge their processing appeared first on Payments Cards & Mobile.
