MasterCard Removes Global Payments From Approved Vendor List


NEW YORK (Dow Jones)– MasterCard Inc. (MA) removed Global Payments Inc. (GPN), the transaction processor involved in a data breach, from its list of approved service vendors, the card company said Wednesday.

The move follows Visa Inc.’s (V) decision to remove the transaction processor from a similar list it maintains stemming from a breach Global Payments disclosed in late March.

Global Payments said late Tuesday that multiple card brands had removed it from their list of PCI compliant-service providers. PCI refers to payment-card industry standards that Visa, MasterCard and other card …

Article source: http://online.wsj.com/article/BT-CO-20120502-708283.html

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