Mastercard takes over Arcus to provide more support to Latin American real-time payments.

M2 EQUITYBITES-November 26, 2021--Mastercard takes over Arcus to provide more support to Latin American real-time payments

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Global Banking News - 26 November 2021

MasterCard (NYSE: MA) has provided more support to Latin American real-time payments with the takeover of Arcus, a payments facilitator with offices in New York and Mexico.

Arcus' platform is expected to improve speed and access to Mexico's financial services ecosystem. MasterCard will use the association to expand into Latin America.

Arcus is claimed to help enable bill...

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