MasterCard has announced the launch of MasterPass, its global digital service in Poland. MasterPass provides consumers a seamless, secure and speedy checkout – regardless of where they may be and what device they may be using – at online merchant sites around the globe. MasterPass eliminates the need for consumers to enter detailed shipping and
United Bank for Africa (UBA) Plc last week announced the introduction of a new product “U-Advance Card,” a payment card that allows workers who operate a salary account with UBA to get a credit advance ahead of pay-day. “The U-Advance Card is an internationally accepted card payment solution designed to address the salary account holders’
South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments. Digital wallets accessible through the MasterPass acceptance network allow consumers to store all their MasterCard or other branded
Visa’s logo is visible almost everywhere during soccer’s World Cup, but its reception may be a little frosty at baseball’s All-Star game Tuesday. That’s because the Minnesota Twins, which are hosting the game, are suing Visa and MasterCard for gouging them every time a fan buys a ticket with a credit card. These unfair, uncompetitive
MasterCard’s Multi-currency Cash Passport, a prepaid Chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four currencies (U.S. Dollars, Pound Sterling, Australian Dollars and Euros) at once, the MasterCard Multi-currency Cash
Visa Inc. the global leader in payments, has released the second installment of the Visa Everywhere Travel Report for the 2014 FIFA World Cup Brazil. The report, which analyzes travel data and spending through the use of Visa credit, debit and prepaid cards, found that some smaller Brazilian cities, which are hosting tournament games, realized
The 2014 Debit Issuer Study, commissioned by PULSE, found sustained growth in both consumer and business debit in 2013. Financial institutions weathered the Target data breach and are looking for solutions to enhance security, with many issuers now planning to implement EMV debit, the study shows. Debit program performance continues to improve, as active cardholders
A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years. The study, conducted by ACI Worldwide and Aite Group, also highlighted that 23 percent of consumers changed financial institutions due to dissatisfaction after experiencing fraud. Card
Visa Inc. has released the Visa Everywhere Travel Report for the 2014 FIFA World Cup Brazil, which analyzes travel data and cross border spend on all Visa products, including credit, debit and prepaid payment cards. During the four-day opening period of the tournament (June 12 – June 15, 2014), Visa found that international visitors spent more than US$27M
Years of complacency among businesses and indifference among consumers regarding data breaches were effectively shattered in 2013. In the same year as one of the largest data breaches in history, the misuse of breached consumer data hit a record high, raising the issue of data breaches into the public consciousness. Javelin Strategy & Research has
