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Providers

For TCF, It’s Full Speed Ahead With Contactless Payments

“Backers see dual-interface cards and NFC-equipped smart phones as tools to convert cash payments into electronic transactions. Melanie Gluck, vice president of solution sales and tokenization at Mastercard Inc., tells Digital Transactions magazine for an upcoming story about contactless payments that the average U.S. contactless Mastercard transaction is under $23. That average is a clear indicator that […]
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Providers

Visa, Mastercard Near Settlement Over Card-Swipe Fees

“Visa Inc. and Mastercard Inc. are close to settling a long-running antitrust lawsuit with merchants over the fees they pay when they accept card payments, according to people familiar with the matter. Under the settlement, Visa, Mastercard and a number of banks that issue debit and credit cards including JPMorgan Chase & Co., Citigroup Inc. […]