Two U.S. Firms To Offer Multicurrency Card Services In India

Planet Payment, a United States-based payments company that specializes in enabling consumers to choose the currency used in their card transactions, has signed a deal that would provide its service to merchants in India, a company spokesperson tells CardLine Global. The deal, with U.S.-based processor Global Payments Inc., follows previous deals between the two companies to offer Planet Payment's services to merchants in Malaysia, Taiwan and China. The plan to offer the services in India is "still in the formative stages," the spokesperson says, declining to disclose a launch date or specify how many merchants the deal would involve.

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