Payments News

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Companies

Speedchain Partners with Mastercard to Modernize Commercial Debit and Credit Payments

“Speedchain Inc., a fintech focused on revolutionizing business to business commerce via its connected data platform, today announced a multifaceted partnership with Mastercard. Leveraging Mastercard’s network and innovative payments technology, Speedchain member organizations of all sizes can experience modernized ways to pay by connecting virtual purchasing cards to the Speedchain platform and leveraging Mastercard rails […]
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Companies

Inswitch and Mastercard International Partner to Launch Embedded Payments and Issuing Programs Across Industries

“Inswitch, a fintech technology company with focus on embedded solutions for banking and payments, and Mastercard International Incorporated have partnered to design and deliver digital payment solutions and issuing programs starting with selected countries across LAC. Inswitch will start issuing cards as a Mastercard principal member in Mexico, with plans to expand quickly to key markets […]
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Companies

Prophius Partners with Mastercard to bring Tap on Phone payments to Small Businesses in Sub-Saharan Africa

“Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. This move is expected to boost digital payment acceptance at small and micro enterprises in Nigeria, Ghana, Kenya, Uganda, and other key markets in Sub-Saharan Africa […]
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Companies

Mastercard’s Ethoca Teams With ChargebackZero to Lower Chargebacks

“ChargebackZero is partnering with Ethoca, a Mastercard company, to help merchants minimize chargebacks, lower consumer transaction confusion, and share details of confirmed fraud and dispute information. As part of the integration, we would prevent chargebacks using an alert mechanism. These Chargeback alerts are like a warning signal of an impending chargeback. The alerts enable merchants […]
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Companies

Mastercard Partners with noqodi to Expand Digital Payment Acceptance Across UAE

“Consumers and businesses in Dubai will soon be able to make seamless and safe contactless payments for select government and private sector services, thanks to a strategic partnership between Mastercard and noqodi, a leading fintech company owned by emaratech Group, part of the Investment Corporation of Dubai. Noqodi’s digital omni-channel payments, including Tap on Phone, […]
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Companies

Mastercard And Its Multi-Sensory Marketing Game

“Mastercard leveraged all the five senses, from sight, sound, smell to touch and taste in its marketing game plan.  Mastercard shared insights on current marketing paradigm and reviewed multi-sensory marketing strategy which will affect the future marketing model during a recent marketing summit.”
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Companies

Mastercard Follows Visa, Approves Zwipe Pay Platform for Biometric Cards

“Norway-based Zwipe’s biometric payment card platform has passed a raft of Mastercard tests to win a key certification from the financial services firm. The Component Conformity Statement received by Zwipe means that its biometric platform, Pay, meets Mastercard’s security, reliability, functionality and performance standards. For Zwipe’s customers – smartcard makers – the certification means they can apply […]
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Companies

Mastercard and LMKR Formalize Partnership to Accelerate Digital Transformation Across Pakistan

“Mastercard and LMK Resources Pakistan (Private) Limited (LMKR) have formalized a strategic partnership to oversee the implementation of the country’s first open-loop transit payment solution in a bid to further accelerate Pakistan’s digital transformation. The solution can be implemented through the country’s entire transit infrastructure, including rapid transit bus networks and e-tolling systems. The collaboration […]
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Companies

Can the Visa-Mastercard Duopoly Be Broken?

“America is home to the heftiest interchange fees of any major economy—costs are an order of magnitude greater than in Europe and China. That largely benefits two firms: Visa and Mastercard, which facilitate more than three-quarters of the country’s credit-card transactions. Doing so has made them two of the most profitable companies in the world, […]