Security News > 2019 > July > Mastercard acquires Transfast to expand payment network

Mastercard announced the completion of the acquisition of Transfast, a global payments company with significant cross-border network reach. Mastercard originally declared the intent to buy Transfast on March 8, 2019. The acquisition builds on Mastercard’s strength in payments and drives improved transparency and certainty in cross-border transactions, enabling people and businesses to send and receive money beyond borders with greater speed and ease. Transfast will enable Mastercard to continue servicing the growing needs of consumers … More → The post Mastercard acquires Transfast to expand payment network appeared first on Help Net Security.

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