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Payments News » Mastercard Drops Bid for UK’s Earthport

“Mastercard Inc said on Friday its offer window to buy payments firm Earthport Plc had lapsed, which potentially clears the way for rival Visa Inc to make a bid for the British company. Earthport, which offers a lower-cost option to traditional payments systems, has been at the heart of a bidding battle between Mastercard and Visa since the end of December.”

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