Mastercard

UK shoppers buying from the EU will now be charged five times as much as they were before Brexit in credit card “interchange fees”.

Mastercard to “hike up” fees fivefold for UK shoppers buying from EU

January 25, 2021

UK shoppers buying from the EU will now be charged five times as much as they were before Brexit in credit card “interchange fees”. Mastercard announced today that from October…

Online retail won’t go back to slower pre-pandemic growth says Mastercard CEO

Ecommerce Industry

Barclaycard Mastercard Michael Miebach

January 13, 2021

Ben Stevens

No Comments

Online shopping is due to continue accelerating at greater speeds after the pandemic is over, according to Mastercard’s chief executive Michael Miebach. Speaking to a virtual panel at CES yesterday,…

Contactless spending limits in the UK should be increased even further as the coronavirus transforms attitudes “toward alternative payments” according to new research.

Contactless limit raised to £45 to aid social distancing

News Payment

Barclaycard BRC British Retail Consortium Contactless Mastercard UK Finance

March 24, 2020

Ben Stevens

No Comments

Contactless payment limits will rise from £30 to £45 from April 1 as the UK’s financial and retail sectors take measures to help limit contagion. UK Finance, the British Retail…

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month.

Amazon working with Visa on hand scanning payment technology

News Payment

Amazon biometric Mastercard payment Visa

January 20, 2020

Ben Stevens

No Comments

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month.…

WHSmith launches “best in class digital payment solution” with Mastercard

Ecommerce News Payment

Funky Pigeon Mastercard The Card Gallery WHSmith

October 18, 2019

Ben Stevens

No Comments

WHSmith has partnered with Mastercard to launch a new “pay by bank” app allowing shoppers to make faster payments online. Funky Pigeon, Cult Pens and The Card Gallery have also…

Levi Strauss, VF Corp and Marks & Spencer have teamed up with Mastercard to trial a new digital payment scheme for factory workers.

Mastercard, VF Corp and M&S will pay garment factory workers digitally under new scheme

Payment Sustainable Tech

Levi Strauss Levi's M&S Marks & Spencer Mastercard VF Corp

October 1, 2019

Ben Stevens

No Comments

Levi Strauss, VF Corp and Marks & Spencer have teamed up with Mastercard to trial a new digital payment scheme for factory workers. Mastercard’s new hybrid digital payment scheme, being…

Mastercard to give retailers a fee for offering cashback

News Payment Point of Sale

ATM cashback Clydesdale Bank Mastercard Metro Bank Monzo N26 SAntander Starling Bank Virgin Money Yorkshire Bank

September 12, 2019

Ben Stevens

No Comments

Mastercard is launched a new cashback initiative aiming to “help maintain access to cash, and benefit retailers and consumers alike”. Its new cashback initiative will offer local shops and business…

Facebook’s online marketplace is coming under investigation by the EU’s competition probe over concerns it is promoting its own marketplace over others to its users.

Facebook reveals its Libra cryptocurrency offering free financial services to its 2.4bn users

Blockchain Cryptocurrency News

Calibra Ebay Facebook Libra Mastercard Paypal Spotify Uber Visa Vodaphone

June 18, 2019

Ben Stevens

No Comments

Facebook has officially announced its own cryptocurrency is due to launch next year, in a move that could potentially be “truly transformative” for the global finance sector. The social media…

NatWest launches UK biometric bank card trial

News Payment Point of Sale

bank card biometric debit card Gemalto Mastercard Natwest RBS Royal Bank of Scotland Visa

March 11, 2019

Ben Stevens

No Comments

Two-hundred NatWest and Royal Bank of Scotland (RBS) customers are set to take part in a biometric bank card trial, allowing them to pay using their fingerprint. The trial, due…

Kroger bans Visa credit card payments due to “excessive fees”

News Payment

American Express Foods Co. Supermarkets Kroger Mastercard Smiths Visa

March 4, 2019

Ben Stevens

No Comments

Kroger has extended its boycott of Visa credit cards to hundreds of stores across seven states in the US as it accuses the company of “misusing its position”. The American…

Mastercard

Mastercard to “hike up” fees fivefold for UK shoppers buying from EU

Online retail won’t go back to slower pre-pandemic growth says Mastercard CEO

Contactless limit raised to £45 to aid social distancing

Amazon working with Visa on hand scanning payment technology

WHSmith launches “best in class digital payment solution” with Mastercard

Mastercard, VF Corp and M&S will pay garment factory workers digitally under new scheme

Mastercard to give retailers a fee for offering cashback

Facebook reveals its Libra cryptocurrency offering free financial services to its 2.4bn users

NatWest launches UK biometric bank card trial

Kroger bans Visa credit card payments due to “excessive fees”

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