Mastercard acquires Apis Partners-backed payments firm Transfast

Mastercard acquires Apis Partners-backed payments firm Transfast

A credit card user displays her cards in Washington February 22, 2010. REUTERS/Kevin Lamarque

US-based payments giant Mastercard Inc has entered into an agreement to acquire Dubai-headquartered cross-border payment company Transfast, according to a statement last Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter