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Acquiring, American Express, Daily news, Discover Financial Service, E-Commerce, Interchange Fee, Issuing & Acquiring, MasterCard, Mobile payments, Payments News, Processing & Systems, Visa -

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.

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American Express, Contactless, Daily news, E-Commerce, Interchange Fee, Issuing & Acquiring, M-Commerce, MasterCard, Mastercard and American Express, Mobile payments, POS Terminals, Visa -

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.

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American Express, Daily news, Issuing & Acquiring, MasterCard, Payments News, Russia sanctions, sanctions, Visa -

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.

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Acquiring, Anonymous, Cyber Security, Daily news, Issuing & Acquiring, MasterCard, Payments News, Visa, Visa and MasterCard -

Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more

The post Visa and Mastercard hit Russian banks – Anonymous steps up cyber war appeared first on Payments Cards & Mobile.

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Acquiring, Berkshire Hathaway, Daily news, Issuing & Acquiring, MasterCard, Payments News, Visa, Warren Buffet -

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

The post Why Berkshire Hathaway sold out of Visa and Mastercard appeared first on Payments Cards & Mobile.

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