Search Results for: Credit card
Mastercard introduces solution for managing digital footprint
October 24th, 2017
New solution will help the 60 percent of people who say they don’t know where their card credentials are stored Do you know all the places you’ve stored your payment card details? From shopping sites to billers, keeping track ...
ISXPay: Further Australian card acquiring/processing contracts executed
October 11th, 2017
Highlights ISXPay gains further traction in Australia with customer addition Card Transactions in excess of $52m per annum to be processed, cleared and settled to Merchants bank accounts by ISXPay Average Net Margin in excess of 77 basis points ...
The Netherlands Financial Markets Regulator Fines International Card Services
June 16th, 2017
The Netherlands Authority for the Financial Markets (AFM) announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March 2017, ICS took the initiative itself and prepared a compensation ...
Android Pay is Now Live in Canada with Mastercard
June 1st, 2017
Today, Google confirmed that Android Pay, enabling contactless mobile payments with Android-based devices, is now live in Canada. It provides millions of Mastercard cardholders with yet another innovative, fast and secure way to pay, wherever Mastercard contactless payments are ...
Google now lets you pay for things on your phone with any of your saved cards
May 18th, 2017
Google wants to make it a little easier to pay for things through third-party apps and through Google Assistant. However, to date, you’ve only been able to use your pre-loaded Android Pay cards to do so. Not anymore. Google ...
Virtual cards could displace cheques in the travel market
April 6th, 2017
With the B2B virtual card market estimated at more than $95 billion in gross spending in 2016, payment providers would do well to target the travel sector, which represents the largest single vertical volume of that spending, according to ...
Mastercard `Preying on Millions’ Sparked $17 Billion Fee Lawsuit
January 18th, 2017
Consumers seek permission to bring U.K.’s largest class action Mastercard says damages would be impossible to calculate Mastercard Inc. preyed on more than 46 million unknowing consumers by unfairly charging card fees over a 16-year period, lawyers seeking to ...
One in four card payments in UK now contactless
January 17th, 2017
A quarter of all card transactions are now made via contactless, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in November 2016, accounting for 25 per cent of ...
Competition concerns over Mastercard/VocaLink merger
January 4th, 2017
Mastercard UK Holdco Ltd, a subsidiary of Mastercard International Incorporated (Mastercard), is buying VocaLink Holdings Ltd (VocaLink). It already owns and operates credit and debit card schemes Mastercard, Maestro and Cirrus, and has also bid to supply infrastructure services ...
SIA completes acquisition of Unicredit emoney activities in three European countries
December 28th, 2016
Friday 23rd December 2016 saw the completion of the acquisition by SIA of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals and 12,000 ATM terminals in Italy, Germany and Austria from ...
