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NFCW
JANUARY 22, 2025
Mastercard is testing a new service that enables cardholders to simply tap their contactless bank card to their NFC smartphone in order to complete an ecommerce or other card-not-present transaction, executive vice president Jennifer Marriner has revealed.
117 
Fintech Finance
JANUARY 14, 2025
” The report highlights the transformative potential of CaaS in enabling banks and fintechs to become distributors of payment services to industries across the board, unlocking new revenue streams and driving growth in the digital economy.
105 
Payments Dive
MARCH 15, 2023
As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.
167 
Payments Source
FEBRUARY 11, 2020
Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market as part of the nation’s financial opening, though more regulatory steps will be required.
130 
Payments Dive
JULY 22, 2024
Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.
158 
Fintech Finance
SEPTEMBER 17, 2024
Uzum , the leading fintech and e-commerce ecosystem in Uzbekistan, has partnered with Mastercard on an education project to improve financial literacy in Central Asia’s most populous country. Uzum and Mastercard have launched two free online courses to help Uzbek consumers understand how to conveniently and safely use debit and credit cards.
Payments Dive
JANUARY 17, 2023
The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.
97 
PYMNTS
FEBRUARY 11, 2020
China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. . The central bank said Mastercard and its partner, NetsUnion Clearing Corp. As part of China’s trade deal with the U.S.,
80 
The Nilson Report
NOVEMBER 22, 2024
The post Payhawk Integration with Mastercard to Streamline Spend Management with Bank Cards appeared first on Nilson Report.
52 
PYMNTS
SEPTEMBER 2, 2020
As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. The deal allows Mastercard customers to split transactions into installments before, during or after checkout. 2) that it has partnered with TSYS , a global payments FinTech that allows shoppers to buy now, pay later (BNPL).
88 
Fintech Finance
AUGUST 1, 2024
Ampere , the neobank providing all-in-one financial services for SMEs, has today announced its partnership with Mastercard to expand its services and transfers offering, marking a milestone in its mission to streamline financial solutions for SMEs.
98 
PYMNTS
JUNE 24, 2020
plans to offer a Samsung Pay Card that will give customers “a simple and flexible way to control their money,” the company said in a Wednesday (June 24) press release. For the launch, Samsung is linking up with Mastercard and FinTech Curve. Samsung Electronics Co.
93 
Clearly Payments
NOVEMBER 13, 2024
This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. For instance, it indicates the issuing bank, card type (credit, debit, or prepaid), and sometimes the country of issuance.
104 
PYMNTS
JANUARY 27, 2019
Mastercard , the payments company, said late last week that it is still committed to operating in China. In a press release , Mastercard said that it is making every effort to secure the license to access the domestic Chinese market and confirmed it is in active talks with different solutions.
78 
PYMNTS
MAY 21, 2019
Commuters in Portland, Oregon and Vancouver, Washington can now add a digital Hop Fastpass card to their iPhone or Apple Watch, thanks to an alliance between Mastercard and Apple. merchants and acceptance at Mastercard , said in the announcement.
The Fintech Times
SEPTEMBER 18, 2024
Uzum , the fintech and e-commerce ecosystem in Uzbekistan, is joining forces with payments giant Mastercard to launch a new education project to improve financial literacy across the country. Uzum and Mastercard have launched two free online courses to help Uzbek consumers understand how to conveniently and safely use debit and credit cards.
The Paypers
NOVEMBER 21, 2023
Mastercard NUCC Information Technology (Beijing) has received formal approval to perform domestic bank card clearing activities in China.
36 PYMNTS
FEBRUARY 22, 2019
Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a credit card license in that country. The newswire quoted unnamed people familiar with the matter, who stated that Mastercard will refile its application to enter China with the PBoC.
53 
PYMNTS
DECEMBER 26, 2019
Deutsche Bank, Mastercard and IDEMIA are teaming up to introduce what they said is the first card in Spain to tap motion code technology, FinTech Futures reported on Thursday (Dec. On the back of the card, a small screen will display the CVC, also known as the dynamic security code.
52 
PYMNTS
FEBRUARY 11, 2020
In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. Mastercard Gets Nod To Join China’s $27T Payments Market. Mastercard Gets Nod To Join China’s $27T Payments Market.
60 
PYMNTS
AUGUST 21, 2019
Mastercard is partnering with transportation solutions provider Cubic Transportation Systems, along with the Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations, Mastercard said in a press release on Wednesday (Aug. merchants and acceptance, Mastercard.
46 
Fintech Finance
APRIL 29, 2024
In an era of rapid digitalization of financial services, PrestaShop , a world leader in e-commerce solutions, has joined forces with Mastercard to introduce Click to Pay: a payment solution designed to simplify and enhance the online payment experience for consumers across Europe.
52 
Fintech Finance
JANUARY 3, 2025
Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants. However, even with up to three-quarters of all chargebacks being reported as illegitimate, merchants only win 18% of cases when appealing chargebacks.
98 
Stax
MARCH 13, 2025
Every time a customer makes a payment with a credit or debit card, the merchants acquiring bank pays a fee to the customers card issuing bank. Although these fees go to the issuing bank, the rates are set by card networks like Discover, American Express, Visa , and Mastercard. per transaction.
88 
PYMNTS
FEBRUARY 14, 2020
We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. Mastercard Gets Nod To Join China’s $27T Payments Market. China’s central bank gave Mastercard the green light on Feb.
56 
PYMNTS
NOVEMBER 16, 2020
In today’s top news in digital-first banking, Mastercard has added a new account-to-account (A2A) product to its Track Business Payment Service, while Recognise has received a restricted banking license from U.K. consumers are paying down payments on credit cards as COVID-19 continues to hamper spending opportunities.
52 
PYMNTS
FEBRUARY 28, 2018
Mastercard and MegaFon have introduced two joint initiatives that will allow subscribers to link their mobile phone accounts to Apple Pay or Samsung Pay through the creation of a virtual Mastercard card. In addition, the partnership also allows subscribers to create a virtual Mastercard bank card via the MegaFon.Bank app.
40 
Clearly Payments
MARCH 14, 2025
Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Card networks route transactions between banks (e.g., Visa, Mastercard). Issuing Bank Approves transactions and provides credit to cardholders.
52 
PYMNTS
JULY 25, 2016
Mastercard is mulling an entrance into the China market and could get its application in during 2016 to become a payment provider in what is expected to be the largest market by 2020. While they do that, Mastercard is holding off on moving ahead. That was welcome news to credit card companies, particularly U.S.
40 
Payments Source
FEBRUARY 27, 2017
There are lots of new technology driven payment startups, though most still at least partly rely on the traditional card/bank model.
60 
The Fintech Times
JULY 24, 2024
This includes bank cards, smartphones, and smartwatches. “Thanks to UbiRider and Mastercard , now, we have a modern, powerful and complete digital solution to manage our operation at a cost we can afford. This partnership will enable MobiAzores users to pay onboard buses using contactless payment methods.
PYMNTS
JUNE 4, 2019
Amid collaborative efforts between traditional payment players and some smaller tech-nimble upstarts, the card giants are boosting their efforts to help FinTech firms bring new products to market. To that end, Mastercard has announced the next generation of its Accelerate program, focused on FinTech firms.
76 
PYMNTS
DECEMBER 20, 2019
Curve , a banking app that consolidates all of a person’s bank cards into one card and app, is launching a new feature that will allow for person-to-person (P2P) payments, according to a report by TechCrunch. CEO Shachar Bialick said “Curve is basically operating like an exchange” with Visa and Mastercard.
52 
PYMNTS
NOVEMBER 28, 2016
Mastercard announced last week that people in South Africa can now use Masterpass, the digital payments service by Mastercard, for purchases at more than 30,000 SnapScan merchants in South Africa via their mobile phones. Mastercard is working to ensure that every one of our accounts is as digital as the people using them.
PYMNTS
SEPTEMBER 30, 2019
Among the companies that have been trying since 2017 to get access are Visa and Mastercard. The rules state that the central bank has to decide on applications from foreign companies inside of 90 days of acknowledging them.
67 
PYMNTS
DECEMBER 6, 2016
Stemming from the PBOC’s order, Chinese banks have stopped all orders for cards bearing foreign networks logos — logos like Visa’s or Mastercard’s, for example. The co-branded cards, as issued, allowed Chinese consumers to process payments made in U.S. MasterCard and UnionPay had no immediate responses.
63 
Payment Savvy
AUGUST 3, 2023
A BIN checker is a free tool that helps you retrieve information about a payment card based on the BIN number. Any valid BIN number contains key details about a card brand, its issuing bank, card type, and card level. You can find the bank’s contact details with a website and sometimes even a phone number.
98 The Paypers
APRIL 9, 2020
Yandex.Checkout has launched a new feature for businesses: payment acceptance using the automatic update of card details for Visa and Mastercard bank cards.
39 
PYMNTS
JULY 8, 2016
MasterCard is partnering with 100 Resilient Cities — Pioneered by The Rockefeller Foundation (100RC) in order to push digital payments as part of its “ Smart Cities ” initiative and leverage its technologies to create more sustainable urban centers.
PYMNTS
JULY 25, 2016
That’s according to RBR’s Global Payments Cards Data and Forecasts to 2021 study, which also found UnionPay of China is controlling the biggest piece of the $21.6 That’s up from 32 percent in 2014 and in front of Visa and Mastercard. Visa had a 32 percent share, while Mastercard had 20 percent.
40 
PYMNTS
JANUARY 22, 2020
After consumer information was compromised on a tourist website, Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece each cancelled their credit and debit cards for customers. As a result, any banking card used on the travel portal was cancelled, and to be replaced.
52 Fintech Labs Insights
APRIL 20, 2017
Payments giant Mastercard announced today it is undergoing trials for a new payment card. A first in the industry, the company has embedded a fingerprint scanner inside a Chip and PIN payment card– think of it as Apple Pay for your bank card. This is not the company’s first foray into biometrics.
23 
Fintech Finance
MARCH 7, 2024
Ecommpay , a leading international Payment Service Provider and UK and European direct bank card Acquirer, is gearing up for a remarkable debut at the Merchant Payments Ecosystem (MPE) event, taking place from March 12-14, 2024, in Berlin.
PYMNTS
SEPTEMBER 7, 2016
MegaFon is responding and has introduced a contactless payment card that uses the subscriber’s mobile phone balance rather than their bank account. VimpelCom’s payment system, Ruru, was launched in 2011 in partnership with Alfa Bank. Also, money transfers are free within Russia.
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