15 December 2017
visit www.ebaday.com

MasterCard completes acquisition of Travelex pre-paid card unit

15 April 2011  |  5043 views  |  0 Source: MasterCard

MasterCard Incorporated (NYSE:MA) announced today that it has completed its acquisition of the prepaid Card Program Management (CPM) operations of Travelex, at the terms previously announced.

The acquisition of Travelex's CPM operations furthers MasterCard's strategic business goals and strengthens the company's suite of global prepaid business assets. It will allow MasterCard to play a greater role in the prepaid value chain supporting issuers and partners, especially outside of the United States and in the attractive cross-border payments space.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.response.ncr.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10038 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9449 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6885 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6265 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
5806 views comments | 5 tweets | 26 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job