Tag: payments
Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion
Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell its Nets payments division.The unit was...
Saudi Arabia Issues First Major Payment Institution License to Lean Technologies
This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment institution license.The license aims to enhance...
Visa Direct Expands Nordic Reach with Moonrise Partnership
Collaboration aims to enhance payment solutions in Northern Europe.Highlights: Visa Direct partners with Moonrise by Lunar.Expansion targets the Nordic region for payment solutions.Collaboration aims...
Visa Strengthens Subscription Management Service for Businesses
New solutions aim to simplify recurring payment management for companies.Highlights: Visa has launched a new subscription management service.The service simplifies recurring payment management for...
Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition
The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The acquisition price for Nets was $3.2...
Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion
The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally purchased for $32 billion.The move indicates...