Nets sold its account-to-account payment business to Mastercard. Nets, which is itself a private company operating in many countries, has not been sold to Mastercard, nor has Dankort, MitID, or others been sold to Mastercard.

The services sold are, for example, Betalingsservice in Denmark and AvtaleGiro/eFaktura in Norway.

To be honest, my concern is that Nets is that Nets is entirely unable to competently provide any services competently and reliably, so while they shouldn't be moved to a US company, I sure do hope that we get everything they do replaced by something else.

Only Nets could somehow manage to make it much more expensive in fees to have a scheduled direct bank transaction (Betalingsservice - for reference, bank transfers are free and instant here) than using a VISA card with fees going to the US. They have also completely ruined Dankort adoption and reliability, and made MitID into a great big mess of a reliability and usability nightmare.