MasterCard's bid to buy Earthport


(Dan Mullen) #1

https://uk.finance.yahoo.com/news/mastercard-trumps-visa-233m-offer-073629700.html


#2

It’s a logical step with Mastercard wanting to bring its full payment services into Europe.

I doubt Visa will put in another bid, unless there is something they specially want from Earthport that will make an increased bid worth it.

Visa hasn’t bothered with Europe so much in the past few years so it could see this as a good way to get re-established at a relatively low cost.