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Acquisition expands Identive position in cashless payment systems in Europe
February 1, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identive Group, Inc. announced that it has agreed to acquire a majority stake in payment solution AG, a German-based provider of integrated cashless payment solutions for sports stadiums, arenas, theme parks and other venues for leisure and entertainment throughout Europe. payment solution’s systems enable consumers at sporting and similar events to make quick, cashless payments for food, beverages and merchandise using contactless smart card technology. The systems consist of comprehensive p...
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