Allied Wallet Now A MasterCard Acquirer

Allied Wallet, the U.K. based payment gateway provider, is now a principal member of MasterCard as an acquirer. Allied Wallet will receive a bank identification number (BIN) from MasterCard that will allow it to provide merchant identification numbers at lower rates to its customers.

A press release for the companies said this would allow Allied to enable merchants to begin processing in as little as 12 hours.

Read the full report here.

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