Mastercard has agreed to purchase the bills and payment service Transactis for an undisclosed amount. The company, which currently counts several banks among its investors, claims to deliver its technology to millions of businesses through a network of banks and other service providers. The deal is expected to close in early 2017, according to a person familiar with the matter. Transactis offers a similarly flexible digital service designed to help small businesses pay their bills online.
Mastercard has agreed to purchase the bills and payment service Transactis for an undisclosed amount. The deal is expected to close in early 2017, according to a person familiar with the matter. Transactis offers a similarly flexible digital service designed to help small businesses pay their bills online.