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Mastercard takes majority stake in VocaLink

Mastercard has entered into a definitive agreement to acquire 92.4% of UK payments infrastructure operator VocaLink for approximately £700m (US$920m). “Under the agreement, a majority of VocaLink’s shareholders will retain 7.6% ownership for at least three years,” Mastercard says. “This acquisition accelerates Mastercard’s efforts to be an active participant in all types of electronic payments and payment flows and to enhance its services for the benefit of customers and partners.”

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  1. It is not that an open system like Android cannot be as safe as a closed system like iOS. Only that it takes more work on the part of developers and good behavior on the part of users.

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