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Nexi, Italy’s biggest payments group has entered into merger talks with Nets over a potential $8 billion take over in hot pursuit of the multi-billion euro deal last month with... more

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The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... more

The post EC approves Mastercard acquisition of Nets subject to conditions appeared first on Payments Cards & Mobile.

The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... more

The post European Commission says it will review Mastercard’s Nets purchase appeared first on Payments Cards & Mobile.

Nets has announced the acquisition of Polskie ePłatności (“PeP”), a leading Polish merchant acquirer with an installed base of more than 125,000 POS terminals, offering a broad set of payment... more

The post Nets acquires Polish payment provider Polskie ePłatności (PeP) appeared first on Payments Cards & Mobile.

Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... more

The post Mastercard buys Nordic payments platform Nets for $3.19 Billion appeared first on Payments Cards & Mobile.