Thanks to regulation coming into Poland in Q2 2019, contactless payments are set to hit a boom in the country. This is according to research …
ECB eyes instant payments as opportunity to break Visa/Mastercard dominance
The European Central Bank (ECB) is weighing the possibility of using instant payments as an opportunity to link up national card schemes. In a presentation …
Mastercard hit with €570m fine for violating EU antitrust rules
Mastercard has been fined €570m ($647m) by the European Commission for restricting merchants from accessing lower-priced banking services in the single market. This has restricted competition …
Mastercard to purge Indian card data from global servers
Mastercard has agreed to delete data of Indian cardholders from global servers in line with the Reserve Bank of India’s (RBI) new regulation on data …
Visa and Mastercard propose fee reduction on non-EU cards
Visa and Mastercard have proposed a reduction in the fees paid by merchants on accepting tourists’ card payments in the European Union (EU) in order …