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Mastercard pilots Tap to Pay for ecommerce and in-app payments

NFCW

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.

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NatWest and Mastercard Launch Mobile Virtual Card Solution for Business

The Fintech Times

UK bank NatWest has partnered with payments giant Mastercard to launch a new mobile virtual card payment solution for business, Approval2Buy with Mobile Virtual Cards. Firms can instantly generate virtual cards for online use, as well as for ‘Tap and Go’ payments via digital wallets.

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Mastercard Brings Apple Pay to Customers in Egypt

Fintech Finance

Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. Apple pay empowers consumers with a safer, more convenient way to pay, whether in-store or online.

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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details through phishing and trick victims into providing an OTP. This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions.

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The Ultimate Guide to Online Payment Processing

Stax

Customers in this age of instant gratification always expect a smooth and seamless online payments experience. As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store.

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Mastercard and Tamara Join Forces to Take Next Step in UAE Flexible Payments With Virtual Card

The Fintech Times

Global payment juggernaut, Mastercard is expanding its presence in the UAE’s flexible payment and lending ecosystem as it partners with the shopping, payments and banking fintech, Tamara to launch a new virtual card.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.