Source: Benzinga

MasterCard Payment: Net1 Buys Remaining Shares In Masterpayment

Net 1 UEPS Technologies Inc (NASDAQ: UEPS) disclosed that it exercised its option to buy the remaining 40 percent of Masterpayment AG, a specialist payment services processor based in Munich, Germany. According to the company, it finalized the earn-out purchase consideration in respect of the transaction concluded in April 2016.As a result, Net1 now owns 100 percent of Masterpayment, having previously acquired 60 percent ...Full story available on

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Stefan Tittel's photo - Co-Founder & CEO of MasterCard Payment

Co-Founder & CEO

Stefan Tittel

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