FairFX granted full membership status by Mastercard
Source - SMW
FairFX has announced that Mastercard has granted the Company full membership status, which gives it a licence to issue Mastercard branded cards, initially across Europe but with other regions to follow.
Ian Strafford-Taylor, CEO of FairFX, said:
"Gaining Mastercard Membership is a major step in our stated aim of reducing FairFX's reliance on third parties and providing choice for the business. We can now place our various products and services through the supply chain that fits best from the perspective of cost, flexibility and reliability. Going forward this will simplify our product iteration and reduce our cost base which will ultimately benefit our customers."
At 1:01pm: (LON:FFX) Fairfx Group Plc Ord 1p share price was +2.5p at 76p