Mastercard Ordered to Pay Delivery Hero $44 Million by UK Court

German food delivery company Delivery Hero SE won a UK court ruling, netting it $43.6 million from Mastercard Inc for a payment-processing deal that went sour last year.

Delivery Hero had sued Mastercard in December last year after the credit card giant terminated a deal to process payments, alleging the online food delivery company failed to meet certain conditions and violated the contract.

Mastercard must pay the $40-million sign on bonus to the German company along with interest of $3.58 million for the broken contract, the UK court ruled in a judgment on Wednesday.

The ruling is boost for Delivery ...