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TfL choose supplier for card transactions

11 November 2016
 

Transport for London is poised to award a contract to process credit and debit card transactions across the business.  

Barclaycard Merchant Services holds the current merchant acquiring bank contract for Visa and Mastercard transactions, which expires on 31 December. American Express handles American Express transactions.

TfL’s board this week discussed in private a report recommending the supplier for the new contract, which will run for an initial seven years but could be extended...

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