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Mastercard offers exclusive EEA access to Nets payments technology in bid for EU approval

By Nicholas Hirst ( August 12, 2020, 15:20 GMT | Insight) -- Mastercard has offered to grant an exclusive license in Europe to Nets' core infrastructure services, in a bid to secure EU approval for its acquisition of assets from the Danish company, MLex has learned. That would give a rival permanent access to certain technology used to transfer funds between accounts, allowing it to participate in future tenders. But the US payment giant would continue to manage existing Nets contracts. Mastercard has offered to grant an exclusive license in Europe to Nets' core infrastructure services, in a bid to secure EU approval for its acquisition of assets from the Danish company, MLex has learned....

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