UK watchdog accuses Mastercard and rivals of operating pre-paid card cartel

Mastercard, allpay, APS, PFS and Sulion engaged in anti-competitive behaviour by agreeing not to compete or poach each other’s clients when it came to pre-paid cards that are used by local authorities to distribute welfare payments to vulnerable members of society, such as the homeless, victims of domestic violence and asylum seekers, says the PSR in its provisional findings.
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