The Delta Capital Group has signed an agreement to acquire the credit card portfolio of Barbados based Massy Cards.
The deal was disclosed at the Fintech Islands conference in Barbados on Wednesday.
Delta says payments have been finalised for the transaction which received regulatory approval in September.
Massy Cards has 30,000 credit cards issued in Barbados.
Delta's Executive Chairman Zachary Harding says the Massy cards will eventually be transitioned to the MasterCard platform and rebranded as DeltaPaay.
Cardholders would then be able to access global financial services.
He says once the transition is complete, Delta plans to add healthcare services to its payment structure via its telehealth platform, Delta Health & Wellness.
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