Business NewsMarketWire • MasterCard Acquires Bessemer Company Truaxis

MasterCard Acquires Bessemer Company Truaxis

MasterCard Acquires Bessemer Company Truaxis

MENLO PARK, CA--(Marketwire - Sep 7, 2012) - Yesterday MasterCard Inc. announced it had acquired Redwood City-based Truaxis for an undisclosed sum. Truaxis has developed the leading technology platform for distributing merchant funded reward programs through financial institutions. The company also operates the Billshrink.com web site for helping consumers reduce their bills by analyzing and identifying their usage of common household services like wireless, credit cards and gas.

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MasterCard Acquires Bessemer Company Truaxis