European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2 in 3 consumers believe that proposals to cap interchange fees would make it worse for them to use their bank cards and 8 in
MasterCard has announced that it has completed the acquisition of Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. The acquisition will build on MasterCard’s strategy of increasing its processing presence in high-growth markets and deliver superior processing solutions and innovative value added services for both financial institutions and customers
MasterCard announced that it has entered into an agreement to acquire Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. The acquisition will build on MasterCard’s strategy of increasing its processing presence in high-growth markets and deliver superior processing solutions and innovative value added services for both financial institutions and
MasterCard fully supports the European Commission’s goal of encouraging more secure, efficient, competitive and innovative electronic payments, which will enable consumers, retailers and other key stakeholders to enjoy the full benefits of the EU internal market and pledges to work with the Commission to achieve this goal. Javier Perez, President of MasterCard Europe, said: “While
