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Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more

The post Visa, Mastercard and AmEx go big on earnings – Discover down appeared first on Payments Cards & Mobile.

Just months after the Central Bank of India (RBI) lifted its card issuing ban on Mastercard, it has now lifted the same ban on American Express allowing it to start... read more

The post Central Bank of India lifts American Express card issuing ban appeared first on Payments Cards & Mobile.

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

The post Payments heavyweights smash Q1 earnings forecasts appeared first on Payments Cards & Mobile.

American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more

The post Amex sets sights on Metaverse landgrab with patent filing appeared first on Payments Cards & Mobile.

Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more

The post Visa, Mastercard and American Express stop Russian operations appeared first on Payments Cards & Mobile.