08 Oct 13 @ 16:45

MasterCard  has identified Belgium, France and Canada are the closest to cashless economies and China and UAE have the fastest trajectory, in a new global report, “The Cashless Journey,” that... read more

03 Oct 13 @ 16:00

According to a recent report from the US Census Bureau, 6% of all retail sales are conducted digitally, up nearly 200% since Q1 2004. Rising to this challenge, Visa, MasterCard and... read more

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more

01 Aug 13 @ 01:16

MasterCard and Visa Inc. announced an agreement to license their respective common US debit solutions to each other to meet the industry need for a streamlined approach to route US chip debit... read more

22 Jul 13 @ 02:18

Responding to increasing demand for mobile payments, Cryptomathic has upgraded its EMV flagship issuing solution, CardInk, to enable customers to issue payment applications to smartphones and other mobile devices. The... read more

28 Jun 13 @ 00:00

Amazon.com and 7-Eleven sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case. The retailers and about 30 others filed a lawsuit in federal court in Manhattan... read more

27 Jun 13 @ 00:00

Kuwait International Bank and McDonald’s are initiating a partnership with Seamless concerning the pilot launch of the SEQR mobile payment solution in the State of Kuwait in the Middle East.... read more

12 Jun 13 @ 00:00

MasterCard has brought its near field communications (NFC)-based mobile payment service to Taiwan, in collaboration with mobile operator Chunghwa Telecom and four local banks, and is expected to be operational... read more

11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

06 Jun 13 @ 00:00

MasterCard Worldwide announced record growth of its contactless payments technology,MasterCard PayPass, across the Asia/Pacific, Middle East and Africa (APMEA) region in 2012, citing a 28% (YoY) increase in merchant locations. MasterCard’s PayPass contactless payment network... read more

28 May 13 @ 00:00

Visa Inc and MasterCard  sued trade groups and retailers that rejected a $7.25 billion settlement in a price-fixing suit and asked a court to rule that the card companies’ fee practices weren’t... read more

28 May 13 @ 00:00

Kalixa Group announced that it has been selected by MasterCard to issue a version of its award winning Kalixa Pay prepaid card to every newly accredited acquirer for testing. The card... read more

09 May 13 @ 00:00

The Nigerian National Identity Management Commission and MasterCard have announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic payment... read more

20 Mar 13 @ 00:00

eBay Inc  shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company’s PayPal business. MasterCard, one... read more

27 Feb 13 @ 00:00

As the mobile industry is in the midst of the buzzing Mobile World Congress in Barcelona, the future of m-commerce and smartphone payments are high on the agenda. eBay has... read more

25 Feb 13 @ 00:00

MasterCard has introduced MasterPass –“the future of digital payments”.  MasterPass is a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as... read more

14 Feb 13 @ 00:00

MasterCard Europe today announced the introduction of a number of improvements for pre-authorized transactions applicable as of November 2013 in the Europe Region.  As pre-authorization volumes continue to grow fueled... read more

07 Apr 25 @ 13:27

Viva.com has expanded its pan-European activation of Mastercard Move on its payments and banking platform to 24 countries, following the addition of the UK as an additional live origination market. This... read more

15 Oct 24 @ 15:37

In 2020, the UK Gambling Commission (UKGC) introduced a significant regulation: the ban on using credit cards for online gambling transactions. This move aimed to address concerns over gambling-related harm,... read more

29 Apr 22 @ 18:02

Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more