India’s decision to ban Mastercard for non-compliance with data storage rules has unsettled the country’s financial sector as it will disrupt banks’ card offerings and hit revenues, payments and banking industry... read more
The post Mastercard ban in India set to cause issues for domestic banks appeared first on Payments Cards & Mobile.
Open Banking is fast becoming a worldwide phenomenon. Whether regulator-driven or industry-led, it empowers consumers and businesses to take control of their financial data and their financial futures while stimulating... read more
Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... more
The post Mastercard announces it will allow cryptocurrencies on its network appeared first on Payments Cards & Mobile.
Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... more
The post Brexit related interchange fees argument rumbles on appeared first on Payments Cards & Mobile.
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.