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.
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.
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.
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.
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.