CCPC requires binding commitments to clear establishment of new mobile payments service by banks* The Competition and Consumer Protection Commission (CCPC) has cleared, subject to a number of legally binding commitments, the proposed transaction whereby Allied Irish Banks P.L.C., the Governor and Company of the Bank of Ireland, Permanent TSB P.L.C. and KBC Bank Ireland P.L.C. will establish a joint venture company, Synch Payments DAC (Synch), to provide a new mobile payments service (M/21/004). The mobile payments service will be available to customers of banks and other financial institutions
The Irish Competition Authority requires binding commitments to clear a joint venture establishing a new mobile payments service (Allied Irish Banks / Governor and Company of the Bank of Ireland / Permanent TSB / KBC Bank Ireland / Synch Payments)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.