15 May 17 @ 11:41

According to new research the number of payment cards in issue in the Middle East and Africa (MEA) increased by 13% to 611 million in 2015, making it the world’s fastest... read more

20 Apr 17 @ 15:49

Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved... read more

11 Apr 17 @ 15:10

Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more

02 Mar 17 @ 17:02

The payments industry is ever-evolving and, with it, the terminology used to describe it. With the Mastercard PERIODIC TABLE OF PAYMENTS, you don’t have to be a financial genius to... read more

20 Feb 17 @ 16:45

National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the... read more

31 Jan 17 @ 08:50

Mastercard has fought off a legal battle against a group of retailers including Asda, Morrison, New Look and Next in the High Court connected to interchange fees. Mastercard is fighting at least 10 separate lawsuits... read more

18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

15 Dec 16 @ 16:08

Mastercard and Visa have committed to accelerating the adoption of an open digital wallet, the card networks announced their agreement to allow each network to request tokenized credentials from the... read more

05 Dec 16 @ 12:01

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million) – but what are the... read more

24 Nov 16 @ 15:23

Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely... read more

12 Oct 16 @ 16:09

SolarisBank has entered a strategic agreement with MasterCard to use the card scheme’s global infrastructure to develop new banking API’s and payments modules for digital startups as a banking-as-a-service platform.... read more

09 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

04 Aug 16 @ 10:38

Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since the October 1, 2015 liability shift started to bring... read more

02 Aug 16 @ 16:25

Early Warning, a real-time payments provider, has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using US-issued debit cards through the Visa Direct platform, it will... read more

22 Jul 16 @ 11:46

MasterCard is reportedly applying to become a payment service provider in China after the government opened the market, but the company is still weighing whether to do so alone or with... read more

21 Jul 16 @ 13:45

MasterCard announced that it has entered into a definitive agreement to acquire 92.4% of VocaLink for about £700 million (approximately $920 million), after adjusting for cash and certain other estimated liabilities.... read more

15 Jul 16 @ 09:02

In an important industry milestone, Mastercard unveiled what is calls “the foundation for the future of commerce” with the new Masterpass global digital payment service. This enhanced solution enables consumers... read more

14 Jul 16 @ 15:39

MasterCard has been hit with a £68.6 million fine to be paid to Sainsbury’s after losing a Competition Appeal Tribunal over interchange fees. MasterCard is involved in a raft of litigation... read more

06 Jul 16 @ 12:00

UK consumers are preparing a £19 billion ($24.7 billion) class action lawsuit against MasterCard, almost two years after a European Union court ruled the interchange fees the company had charged for cross-border... read more