Posts Tagged ‘MasterCard’

Visa, Mastercard to lower ‘swipe fees’ in merchant antitrust suit settlement

Visa and Mastercard agreed to reduce and cap credit card interchange fees as part of a landmark antitrust settlement with U.S. merchants, who say the deal could save tens of billions of dollars over the next five years. “This settlement is the culmination of eight years of hard-fought litigation and detailed, painstaking negotiations,” Hilliard Shadowen… […]

NYC to use pension fund investments to push Mastercard and American Express to flag gun sales

Elected officials in New York City and three of the city’s pension funds are pushing credit card providers American Express and Mastercard to start tracking spending on firearms, in an effort to catch suspicious sales.

Mastercard introduces controversial biometric payments that require a face scan

Amid privacy concerns, payments giant Mastercard is rolling out the controversial biometric payment systems, allowing users to pay with the wave of a hand or a smile at a camera.

Russia banks turn to China’s UnionPay after Visa, Mastercard suspension

Russian banks said Sunday they planned to issue cards using China’s UnionPay system after Visa and Mastercard moved to suspend operations in Russia over Moscow’s military intervention in Ukraine. Russian Visa and Mastercard bank cards will no longer be valid abroad, and cards issued abroad will no longer work in Russia, the global payments companies announced Saturday. […]

British, American Retailers Join Court Battles Against Visa, MasterCard Over Transaction Fees

Home » Economy, Europe, Justice » British, American Retailers Join Court Battles Against Visa, MasterCard Over Transaction Fees     Earlier, the e-commerce giant, Amazon stopped accepting payments from Visa cards in the UK citing “high fees” of the financial services corporation. Visa condemned the decision accusing the company of “restricting consumer choice”. Several global […]

MasterCard & UN teaming up to “monitor the carbon effect of your credit card purchases” (it’s voluntary of course … for now anyway)

wolfpox @ tik tok via Mark Crispin Miller “I am taking responsibility for every purchase I make to help protect the planet” Now aint that as green as you could get? (Said the banking greenwash industry that really cares about the planet, not) (EWR) LISTEN AT THE LINK BELOW https://www.tiktok.com/@wolfpox/video/7008268992754240774 Image by Alina Kuptsova from […]

Mastercard will cut ties with Pornhub over smut site’s ‘abusive’ content

Mastercard will no longer do business with Pornhub, after the payment giant investigated the site and found evidence of “unlawful content.” The move comes after a report found the site “infested” with child abuse and rape videos. Missouri Senator Josh Hawley (R) revealed Mastercard’s decision on Thursday, and added that “Visa and every other credit […]

Mastercard ‘True Name’ Feature Allows ‘Transgenders’ to Use Their Chosen Name on Debit, Credit Cards

NEW YORK — The financial services corporation Mastercard has rolled out a so-called “True Name” feature that allows those who identify as transgender or “non-binary” to use their chosen name on their debit and credit cards in order to avoid being detected as such when making a purchase. “For many in the LGBTQIA+ community, the […]

Mastercard Pushes Biometrics, Banks, and Consumers to follow

Mastercard has set a deadline for widespread use of biometric identification for its services across the whole of the EU: April 2019. Mastercard Identity Check, currently available in 37 countries, enables individuals to use biometric identifiers, such as fingerprint, facial, and iris recognition, to verify their identities when using a mobile device for online shopping and […]

Mastercard and Russia’s Mir Card on the verge of historic agreement

Using one’s credit card abroad is on the verge of getting easier for Russians. The National Payment Card System of Russia, responsible for regulating Russia’s popular Mir Card, is in talks with Mastercard to reach a bilateral agreement whereby Mir cards would be accepted throughout the world at all Mastercard terminals. If the […]

KOGAS to build Iran-Oman gas pipeline

The media in Seoul have reported that Korea Gas Corporation (KOGAS) is considering a project to build a subsea pipeline to take natural gas from Iran to Oman – what would bring Tehran closer to an ambitious plan to become an exporter of liquefied natural gas (LNG).    Pulse news portal reported that related talks […]

‘Disaster is Imminent’… Constitutional Attorney: "States Have The Legal Authority To Defend Border Under Constitution"

Study shows more extensive coral damage related to BP spill

This Sept. 26, 2011 photo provided and taken by Florida State University oceanographer Ian McDonald via an unmanned submersible vehicle, at a depth of 68 meters at the Alabama Alps Reef, offshore of Mississippi and Louisiana, 35 miles from the site of the Deepwater Horizon rig explosion and oil spill, shows Swiftia coral with injuries […]

MasterCard Introduces Fast Bitcoin-like Global Payments to Consumers

MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Now live for users in the United States, MasterCard Send permits sending secure real-time payments to consumers, both banked and unbanked. The recipients get the funds immediately on their MasterCard […]

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