Mastercard
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones that have bee...
Mastercard quarterly profit rises as transaction volumes hold strong
Net revenue rose 17% to US$8.6 billion in the quarter from a year earlier
Mastercard appoints new president for Asia-Pacific
Ari Sarker will step down and move into an advisory role
New Zealand to ban surcharges on in-store electronic payments
Surcharges are an amount calculated as a percentage of the purchase price and are applied to transactions to cover the fees businesses pay for accepting contactless payments and credit card
Stablecoin has long road to mainstream payments, Mastercard says
The pending regulatory clarity has drawn new entrants into the digital asset sector and encouraged financial institutions to consider their place in the evolving industry
Visa, Mastercard race to tame a US$253 billion crypto threat
Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency, the stablecoin
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the economic uncertainty sparked by US President Donald Trump’s swe...
Mastercard adds stablecoin settlement support for merchants
The firm already partners with numerous crypto firms including MetaMask on crypto-enabled debit cards
Mastercard wins UK court nod for £200 million deal to end £10 billion class action claim
MASTERCARD won a London court’s approval for the 200 million euros (S$279.44 million) agreed to pay to end a high profile class action over the fees it charges, which was initially estimated to be wor...
Mastercard earnings top estimates as firm broadens services
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement.
