Friday, February 17, 2006

Interpay to join hands with German Transaktion-Institut

Yesterday, Interpay announced that it had signed a MoU with German Transaktionsinstitut to establish a merger later this year. The completion of the deal is expected in the middle of 2006 and it is considered a sign of the further consolidation that will occur in the move to a single panEuropean processing/payments market.