16 Jul 21 @ 10:50

India’s decision to ban Mastercard for non-compliance with data storage rules has unsettled the country’s financial sector as it will disrupt banks’ card offerings and hit revenues, payments and banking industry... read more

01 Apr 21 @ 13:19

On 25th January, Mastercard announced an increase in the interchange rate for cross-border e-commerce transactions on credit cards between the UK and EU, from 0.3 percent to 1.5 percent. The... read more

01 Apr 21 @ 12:53

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

01 Apr 21 @ 11:59

Mastercard has partnered with NMI and Global Payments to launch its first live Cloud POS on Phone pilot with the Computer Engineering Group (CEG). In Q3 2020, contactless penetration represented... read more

31 Mar 21 @ 16:11

The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more

24 Feb 21 @ 17:33

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

18 Feb 21 @ 10:18

Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... read more

18 Feb 21 @ 10:16

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more

18 Feb 21 @ 09:51

Mastercard says it will enhance contactless payments by applying the latest quantum-resistant technologies. Mastercard says it has designed the Enhanced Contactless (Ecos) specifications to increase the security and convenience of... read more

11 Feb 21 @ 16:32

Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... read more

26 Jan 21 @ 18:04

Mastercard says it will enhance contactless payments by applying the latest quantum-resistant technologies. Mastercard says it has designed the Enhanced Contactless (Ecos) specifications to increase the security and convenience of... read more

25 Jan 21 @ 11:20

Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... read more

11 Jan 21 @ 17:12

Mastercard has partnered with NMI and Global Payments to launch its first live Cloud POS on Phone pilot with Computer Engineering Group (CEG). In Q3 2020, contactless penetration represented 41%... read more

11 Dec 20 @ 14:15

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more

19 Oct 20 @ 03:07

Visa and Mastercard recently reported quarterly results. In its fiscal third-quarter earnings, Visa said that revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends,... read more

19 Oct 20 @ 02:59

The European Commission announced it will approve the proposed acquisition of Nets’ account-to-account payment business by Mastercard under EU acquisition regulations. The decision is conditional on the transfer of a... read more

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

09 Sep 20 @ 14:26

With the global economy racing to embrace digital payments, central banks also are looking to the future and Central Bank Digital Currencies (CBDCs), investigating how to support innovation while maintaining... read more

18 Aug 20 @ 10:59

The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... read more

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more