PYMNTS

JULY 20, 2020

small and medium-sized business (SMB)-focused bank Tide said it has a new relationship with Mastercard that makes Tide one of the card company’s principal issuers, Finextra reported Monday (July 20). Under the multi-year arrangement, Tide will settle funds directly with Mastercard. billion) for U.K. SMBs in 2019.

Visa 91

Visa Push-to-Card Card Issuer Issuers 91

Fintech Finance

OCTOBER 15, 2024

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 87

Mobile Payments Push-to-Card Payments Contactless Payments 87

The Fintech Times

MARCH 30, 2024

Earlier this week, payment giants Visa and Mastercard agreed to lower fees charged to merchants for credit card transactions in the US, following a lawsuit spanning almost two decades. “Merchants will now be more able to add surcharges to purchases made with credit cards that come with higher swipe fees.

Settlement 59

Settlement Credit Cards Visa Consumer 59

PYMNTS

JULY 21, 2020

Mastercard on Monday (July 20) announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. Launched via Mastercard’s Accelerate program, cryptocurrency platform Wirex will be Mastercard’s first partner.

Visa 127

Visa Cryptocurrency Blockchain Bitcoin 127

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).

Visa 88

Visa BNPL Push-to-Card Payments 88

PYMNTS

OCTOBER 16, 2020

Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits.

Visa 116

Visa Economy Push-to-Card Enrollments 116

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

PYMNTS

SEPTEMBER 23, 2020

In today’s top payments news around the world, PayPal and Mastercard are adding more European Union (EU) countries to a debit card offering, while European Central Bank (ECB) President Christine Lagarde has called for a digital euro. PayPal, Mastercard Add 5 EU Countries To Debit Card Offering.

Debit Card 85

Debit Card PayPal Visa Push-to-Card 85

Payments Dive

APRIL 18, 2022

Four members of Congress are suddenly pushing Visa and Mastercard to cancel the credit card "swipe" fee increases they planned to impose this month. The lawmakers cited inflation and a lack of competition in the card industry.

Push-to-Card 88

Push-to-Card Credit Cards Visa 88

PYMNTS

DECEMBER 3, 2020

And while the origins of that trend pre-date the current crisis, Silvana Hernandez , senior vice president of digital payments at Mastercard , tells PYMNTS that the pandemic has sped up the process. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

PYMNTS

MAY 22, 2019

Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a fast and easy way to send money internationally. Mastercard and Interac said National Bank will be the first bank to pilot the new service for its banking clients.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Visa Online and Mobile Banking 76

The Fintech Times

OCTOBER 16, 2024

It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise. In 2022, mobile payments pushed cash payments into third place among Nordic consumers’ most preferred payment methods. Meanwhile, 9 in 10 consumers are expecting to spend the same or less.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

PYMNTS

MARCH 14, 2019

Mastercard and B2B payment network Finexio are entering into a strategic partnership to strengthen their supplier payment offering. In a press release , Finexio said it will allow customers to pay their vendors using Mastercard-branded virtual cards, part of their broader effort of promoting digital B2B payments in the U.S.

Visa 65

Visa Push-to-Card B2B Payments 65

The Fintech Times

MARCH 13, 2024

Fondeadora , the financial service provider in Mexico, has reaffirmed its commitment to delivering secure digital payment services in the region as it partners with MeaWallet , the digital payments enabler specialising in card tokenisation. Push provisioning streamlines the card issuance process to digital wallets.

Digital Payments 64

Digital Payments Push-to-Card Online and Mobile Banking Payments 64

PYMNTS

OCTOBER 26, 2018

Scientists are now looking for more funding to get a better understanding as to how so much plastic has made it into human digestive tracts worldwide — but the big takeaway, Mastercard President of Cyber And Intelligence Solutions Ajay Bhalla told PYMNTS, is pretty obvious. If we don’t all get behind it, the world will have a big problem.

Visa 75

Visa Push-to-Card Best Practices Credit Cards 75

PYMNTS

SEPTEMBER 17, 2018

When Mastercard launched Send in 2015, the focus was on making it easy to move money quickly between businesses and people using the debit card as the proxy. Send doesn’t just work with Mastercard branded cards, either, Jess Turner, executive vice president of digital payments at Mastercard, told PYMNTS in a recent conversation.

Visa 57

Visa Push-to-Card Debit Card Payments 57

PYMNTS

JUNE 4, 2019

The latest evidence of that comes from Mastercard. On Tuesday (June 4), the payment card network launched its latest initiative centered around the changes, a program called Open Banking Solutions. Open Banking, which launched in the U.K. The service is, for now, focused on the U.K. It’s a massive strategy change in the industry.”.

Visa 81

Visa API Disputes Push-to-Card 81

PYMNTS

MAY 31, 2018

It’s been three years since Mastercard started its Send offering for card-based push payments. In the tech world, that’s a long time, but in the banking space, things can move a bit more slowly – which means Mastercard Send is still breaking into new use cases beyond its original intent. From P2P to B2B.

P2P 49

P2P Visa B2B Push-to-Card 49

PYMNTS

FEBRUARY 12, 2019

The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. and also across borders.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58

PYMNTS

FEBRUARY 4, 2020

Most recently, as of last week to be specific, one can see it in India where Mastercard announced an investment and new partnership with merchant commerce platform Pine Labs. It can literally now be point, click, use,” Khoja said. Buy Now, Pay Later, he noted, offers a great illustration of this in action worldwide.

Visa 74

Visa Value Added Service Push-to-Card BNPL 74

Payments Source

MAY 19, 2017

Nigeria-based United Bank for Africa (UBA) has introduced a Mastercard debit card available via instant-issue at its branches in Cameroon in a new phase of its push to expand debit usage throughout Africa.

Visa 60

Visa Debit Card Push-to-Card 60

PYMNTS

JULY 29, 2019

Mastercard is expected to report strong revenue growth in its second-quarter earnings, thanks to a continued increase in retail spending and digital transactions, according to analysts. Mastercard is also working to improve its financial services by expanding open banking and digital banking services.

Visa 46

Visa Cross-Border Payments Cross-Border Digital Payments 46

PYMNTS

MAY 28, 2020

As Mastercard Senior Vice President of Digital Payments Silvana Hernandez told Karen Webster in a recent conversation, the recent difficulties weren’t created by the COVID-19 pandemic so much as they were fully exposed by it and put under more pressure all at once. Smoothing Out The Pain Points. And you know these days, immediacy matters.”.

Visa 61

Visa Consumer P2P ACH 61

PYMNTS

MAY 16, 2017

Just in time for the summer travel season, Mastercard has announced a series of partnerships in over 80 cities worldwide, which will enable card carriers to tap to pay for public transit. The move comes as part of a broader movement by the payment company to push the private sector to build smarter, more connected cities worldwide.

Visa 80

Visa Contactless Payments Push-to-Card On-Demand 80

Payments Source

NOVEMBER 6, 2019

Isolationist politics are creeping closer to the payments industry, with European banks threatening to build a localized payment ecosystem to push back against the major American card brands.

Push-to-Card 73

Push-to-Card Visa Payments Cross-Border Payments 73

PYMNTS

NOVEMBER 1, 2017

Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both earnings and revenue, with significant growth in transaction volume and global market share. billion Mastercard and Maestro-branded cards worldwide. ” By The Numbers.

Visa 49

Visa Push-to-Card Same Day ACH Volume 49

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59

Visa CHIPS Chip Cards EMV 59

PYMNTS

DECEMBER 4, 2019

A recent Small Business Rapid Settlements study, done in collaboration between Mastercard and PYMNTS, finds that among more than 760 small- to medium-sized businesses (SMBs), more than 70.1 The PYMNTS/Mastercard study hints at a larger issue: namely, that companies would benefit greatly from a more visible, and faster, flow of funds.

Settlement 66

Settlement Visa Small Business Point-of-Sale (POS) 66

Payments Source

JULY 9, 2019

card brands are already pushing Indian regulators to relax their data storage rules, and a new quirk in the country’s tax code creates a battle on an entirely different front.

Push-to-Card 71

Push-to-Card Visa Rules Regulations 71

Tearsheet

DECEMBER 20, 2023

However, some companies have done well in responding to this by introducing card issuance as a new service. Recently Emburse named Mastercard as the payments network for its cards. Spend management is expected to grow to $38 billion by 2030, up from $18.43 billion this year. What’s up with spend management? “A

Process 59

Process Push-to-Card Visa Economy 59

PYMNTS

JUNE 6, 2018

In the first service offered by Mastercard after integrating Vocalink last year, and with an eye on real-time payments, Mastercard Send is launching in the United Kingdom. The new service, Mastercard said in its release, “embodies the Mastercard vision of a world not only beyond cash, but beyond cards as well.”.

Real Time Payments 55

Real Time Payments Visa Accounts Faster Payments 55

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Lawmakers Eye Expanded Fleet Card Use. Fleet service cards act just like credit cards at a gas station," Rep. Lawmakers in the U.S.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Top Trackers And Reports.

Visa 60

Visa Online and Mobile Banking Push-to-Card Digital Currency 60

The Paypers

MAY 26, 2022

Following the decision of Visa and Mastercard in early March 2022, followed by Chinese UnionCard, to back away from its territory, Russia has pushed the adoption of the homemade MIR cards, according to EWDN.

Push-to-Card 57

Push-to-Card Visa 57

PYMNTS

DECEMBER 20, 2016

Mastercard is looking to take a larger share of the B2B payments space in Australia by pushing for companies to pay their suppliers with its products. To do so, the credit card firm announced Monday (Dec. 19) that it will be working with supply chain finance company Octet Finance.

Visa 41

Visa B2B Cross-Border Payments Commercial Card 41

PYMNTS

MARCH 26, 2020

In one example, Mastercard has been working with a number of public agencies to get federal benefits to 4.5 million recipients faster through Direct Express, where Comerica Bank acts as the Treasury Department’s financial agent for prepaid debit cards. There also is Mastercard Send for push payments as an alternative to ACH.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

JUNE 20, 2016

The move has been complicated by the combination of most merchants getting a very late start to the EMV process – the Target breach was what many merchants considered their official starting line despite announcements by the card networks years earlier – and a complicated certification process that’s been tough for some merchants to navigate.

EMV 45

EMV Visa Chip Cards VARS 45