TITLE

Amex Closes Deal For Payments Firm

AUTHOR(S)
Aspan, Maria
PUB. DATE
January 2010
SOURCE
American Banker;1/19/2010, Vol. 175 Issue 9, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that American Express Co. announced it had completed its acquisition of the payments system company Revolution Money Inc. The credit card company paid $300 million in cash in the transaction. Revolution Money offers an online person-to-person electronic funds transfer service and its own credit card.
ACCESSION #
47600831

 

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