13 Oct 23 @ 09:06

This is actually more interesting than you might initially think! NatWest has become the first UK bank to enable Click to Pay for all its customers with a Mastercard debit... read more

12 Oct 23 @ 16:36

Mastercard says it has successfully demonstrated capabilities of a new solution that enables a CBDC to be tokenised (or “wrapped”) onto different blockchains, providing consumers with a new option to... read more

07 Sep 23 @ 09:30

A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more

31 Aug 23 @ 16:23

Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more

22 Aug 23 @ 09:00

Visa and Mastercard are now to be integrated into the accounts of China’s most popular super app platforms, allowing card holders on the international brands to pay for goods and... read more

18 Jul 23 @ 11:07

Block has hit Visa and Mastercard with a new interchange fees antitrust lawsuit that alleges the payment companies conspired to overcharge the Square payment platform, causing higher retail prices paid by... read more

17 Mar 23 @ 16:03

In a blow to the two biggest networks in payments, the $5.6 billion antitrust class-action settlement, in which more than 12 million retailers have accused Visa and Mastercard of improperly... read more

17 Mar 23 @ 13:27

Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more

29 Nov 22 @ 17:57

The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more

31 Oct 22 @ 18:04

Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more

12 Oct 22 @ 08:13

In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all in-person checkout transactions globally were contactless.... read more

05 Oct 22 @ 12:23

A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more

21 Sep 22 @ 16:34

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in the routing... read more

25 Aug 22 @ 13:24

Visa and Mastercard have both cited fraud as the primary reason for their respective increase in interchange fees between the UK and the EU after Brexit. Both companies face a... read more

21 Jun 22 @ 16:57

The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more

17 Jun 22 @ 11:47

The India Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more

01 Jun 22 @ 13:02

Mastercard finds itself in the dock with the Australian Competition and Consumer Commission (ACCC) which has launched an civil action over alleged anti-competitive pricing activity in the card payments market.... read more

17 May 22 @ 16:10

Mastercard says it will trial a biometric payment system for physical stores, using facial recognition biometrics rather than contactless cards, smartphones or memorable PINs. The Biometric Checkout Program, as it... read more

13 Apr 22 @ 16:00

Mastercard has joined the land grab by major payments players and banks into the Metaverse, with new filings related to NFTs, virtual worlds and more. The 15 filings by Mastercard,... read more

10 Mar 22 @ 12:04

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing, a now £14 billion interchange fees claim, on behalf of around 46 million people... read more