MasterCard’s Acquisition of Provus

Turkish payment solutions provider, Provus, has been purchased by leading credit-card company.

The deal, which is expected to be finalized by the end of Q4 2013, will assist MasterCard’s extended processing presence in high-growth markets, such as Turkey and help it company to deliver processing solutions to customers and financial services in prepaid and mobile payments.

And from Provus’s side, Tunc Dasar, CEO, commented saying: “Today’s announcement represents an exciting new chapter for our business, which has been delivering cutting edge payment solutions and processing services for both traditional and non-traditional customers in Turkey.  We look forward to the future as part of the MasterCard family and are focused on delivering innovation in payment solutions and processing to the widest possible audience.”

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