SP1 0.00% $1.07 southern cross payments ltd

Ann: Appendix 4C - quarterly, page-89

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    More Banks and Customers moving from Visa to Mastercard.
    LONDON (Reuters) - NatWest has become the latest British lender to switch to issuing Mastercard debit cards from Visa, in an agreement that includes 16 million consumer and business customer cards. Mastercard - long the main provider of UK credit cards - has been eating into Visa’s lead in debit cards after similar deals with Santander UK and HSBC’s First Direct, while also signing up start-ups including Monzo. The agreement includes all NatWest Group’s brands, including Royal Bank of Scotland, Ulster Bank and Coutts.

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