Banc of America Merchant Services (BAMS), the second largest acquirer of card payments from U.S. merchants based on purchase volume generated by Visa and MasterCard cards, is moving into Europe this year — as BofA Merrill Lynch Merchant Services (Europe) Limited. Opportunities exist there among U.S. companies with European subsidiaries. BofAML Merchant Services obtained a license in the U.K. in June 2015 that allows it to acquire throughout the European Union (EU). It expects to handle POS card transactions in the 10 largest markets where its customers operate hotels and retail outlets, and ...