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Daily news, Interlink, Maestro, MasterCard, Mastercard Electronic, UnionPay, V PAY, Visa, Visa Electron -

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... more

The post UnionPay accounts for 45% of global cards spending – Visa still on top appeared first on Payments Cards & Mobile.

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A2A CIS, account-to-account core infrastructure services, Contracts, Daily news, E-Money, Instant Payments, MasterCard, Nets, P2P, Products, Real-Time Payments, Regulation, Remittance -

The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... more

The post EC approves Mastercard acquisition of Nets subject to conditions appeared first on Payments Cards & Mobile.

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American Express, click to pay, Daily news, Discover, E-Commerce, EMV, EMV Secure Remote Commerce (SRC), M-Commerce, MasterCard, Mobile payments, Visa -

American Express, Discover, Mastercard and Visa have announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout – based on the EMV Secure... more

The post Click to Pay digital checkout experience goes live globally appeared first on Payments Cards & Mobile.

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Daily news, Interchange Fee, Issuing & Acquiring, MasterCard, POS Terminals -

Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... more

The post Mastercard defends £14 billion interchange fee action in supreme court appeared first on Payments Cards & Mobile.

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Acquiring, Covid-19, COVID-19 impact, Daily news, E-Commerce, E-Money, MasterCard, Payments News -

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... more

The post Mastercard updated Q2 2020 operating metrics reflect COVID-19 impact appeared first on Payments Cards & Mobile.

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