The Group’s principal activity is providing outsourced payment processing services to merchants. The Group provides payment processing solutions for the real time authorisation and settlement of credit and debit cards, corporate purchasing cards, private label storecards, direct debits, direct credits and cheques. The Group’s products provide reporting and management tools that help automate the flow of complex payment processes, such as recurring billing, chargeback workflow and payment reconciliation. Products and services include Bank Card, Direct Debit & Direct Credit, Fraud Prevention and Chargeback Management, e-Wallet solutions, Chip & Pin, Corporate Purchasing and Prepay Solutions. The Group’s solutions are suitable for merchants processing payments through any channel including Internet, Interactive Television, Unattended Payment Terminal, Call Centre and IVR.
Hey, Big Spender â€“ MasterCard Buys DataCash For $520 Million In Cash (techcrunch.com)