“A claim cannot be brought in the name of a deceased person,” Mark Hoskins, representing Mastercard, said at the hearing
Asset manager BlackRock and payments companies Square and PayPal have also recently backed cryptocurrencies
Visa Inc and Mastercard Inc, the two biggest US card networks, are preparing to raise certain fees levied on merchants for processing transactions from this April
ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan on Thursday ordered to suspend an accord between National Database and Registration Authority (Nadra) and financial services corporation Mastercard with immediate effect. The accord aimed to optimise national identity cards with electronic payments functionality. The ‘strategic collaboration’ would allow Pakistani citizens to carry out financial transactions and sent and receive remittances by utilising the unique identification number of their identity card.…
PARIS: Shoppers in a dozen European countries can make online payments using a selfie from Tuesday, under a rollout by Mastercard of new payment technology. Removing the need to memorise a password, Mastercard said biometrics like fingerprints or facial recognition could now be used to verify a customer's identity. The technology, unveiled at the Mobile World Congress in Barcelona in February, has been tested in the Netherlands, US and Canada, the credit card company said. It is now available in 12 European countries…
The Thai capital of Bangkok has beaten London to be crowned the world's most popular travel destination this year, according to an annual ranking by global payments and technology company Mastercard released on Thursday.
LONDON, UNITED KINGDOM: Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard (MA.N) demanding 14 billion pounds ($19 billion) in damages for allegedly charging excessive fees, according to court documents filed in London.