“Today is a significant milestone as we continue to build
out our multi-rail payment solutions beyond cards,” said Paul Stoddart,
president of New Payment Platforms, Mastercard. “This acquisition brings top
talent and innovative technology, enhancing our existing multi-rail
propositions to enable greater access, choice and flexibility in how people
want to pay and get paid.”
Over the past few years, Mastercard has continued to expand its reach beyond card payments, executing on its multi-rail strategy. The proven real-time and pioneering bill payment solutions of Nets’ Corporate Services complement Mastercard’s growing suite of payment capabilities.
“Combined with Mastercard’s global network and customer franchise, this acquisition further strengthens our position as the payment partner of choice for governments, financial institutions, consumers and businesses across all payment flows, in the Nordics and beyond,” adds Stoddart.
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