Search Results for: mastercard
TCH Readies for Real-Time Payments Boom; Visa’s $1 Billion Acquisition; Mastercard’s Subscription Plans
Mastercard’s Subscription Plans And Other Digital Transactions News briefs from 6/29/23
Mastercard Inc., working with Subaio, which offers a subscription management service for banks, launched a subscription control service to make it easier for consumers to identify and unsubscribe from recurring payments via banks’ apps and online access. The move comes after the Federal Trade Commission proposed a rule that would require sellers …
Read More »CFPB Open to Industry Open Banking Standards; New Restaurant POS Gambits; Mastercard Processing Woes
Mastercard Processing Woes And Other Digital Transactions News briefs from 6/13/23
Mastercard Inc. Monday afternoon said it was looking into reports of problems with processing certain transactions on its network. Both Stripe, a major payments platform, and the U.K. bank Natwest reported issues, though Natwest said the problem had been resolved by day’s end. Prepaid card provider Paysign said it completed issuer certification with …
Read More »Mastercard ‘Well-Positioned’ for FedNow; Shopify’s Online and Customer Moves; FIS Profit up 17.5%
‘We’re Well-Positioned’ for FedNow, Says Mastercard’s CEO
The impending arrival of a commercial real-time payments service from no less an entity than the Federal Reserve will be a major event, but one Mastercard Inc.’s top brass says the card company will take in stride. “We’ll have to wait and see how it plays out, we’re well-positioned,” Michael …
Read More »Square Parent Block Slaps Mastercard And Visa With an Antitrust Suit Over Card Acceptance Costs
In a major case whose effects could ripple widely across the payments industry, Block Inc. has sued Visa Inc. and Mastercard Inc., alleging the global networks worked together to fix interchange fees paid by Block’s Square operation. Square, which processes card transactions for millions of mostly small sellers, pays interchange …
Read More »CardX Embraces Mastercard Click to Pay; Euronet’s New Fraud Tool; EV Charging Cash Back to PayPal Wallet
CardX Expands Online Payment Capabilities with Mastercard Click to Pay
Payment processing platform CardX is making Mastercard Click to Pay available on Lightbox, its online payment form, to all existing and new card-not-present merchants on its platform. Mastercard Click to Pay stores a consumer’s payment information using an encrypted, virtual card number to enable secure online shopping. Lightbox enables consumers …
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