According to the press release, the additions to Mastercard will support a broader set of account-to-account capabilities, including clearing and settlement instant payment infrastructure, bill payment, and e-invoicing applications.
Over the past few years, Mastercard has continued to expand its reach beyond card payments, executing on its multi-rail strategy. Besides, the proven real-time and pioneering bill payment solutions of Nets’ Corporate Services complement Mastercard’s growing suite of payment capabilities.
Overall, according to the company's officials, the acquisition will further strengthen Mastercard's position as the payment partner of choice for governments, financial institutions, consumers and businesses across all payment flows, in the Nordics and beyond.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now