mastercard

  • MasterCard: Singapore, Canada, US, Kenya And South Korea Most Ready To Adopt Mobile Payments

    MasterCard: Singapore, Canada, US, Kenya And South Korea Most Ready To Adopt Mobile Payments

    Credit card giant MasterCard is debuting a new study today, called the MasterCard Mobile Payments Readiness Index, which analyzed 34 countries and their readiness to use three types of mobile payments: person to person, mobile commerce and mobile payments at the point of sale. MasterCard actually developed a proprietary algorithm that takes publicly available data as well as MasterCard-owned… Read More

  • MasterCard Backs And Partners With Mobile Banking Company mFoundry To Expand Reach Of NFC

    MasterCard Backs And Partners With Mobile Banking Company mFoundry To Expand Reach Of NFC

    After announcing a new partnership with Intel, MasterCard is revealing a new collaboration to help spread the use of its NFC technology through its PayPass program. The credit card giant is making a strategic investment in mFoundry, a company that powers mobile banking solutions for more than 500 banks and credit unions nationwide. As part of the announcement, mFoundry will be offering… Read More

  • How Visa Plans To Dominate Mobile Payments, Create The Digital Wallet And More

    How Visa Plans To Dominate Mobile Payments, Create The Digital Wallet And More

    It’s no secret that credit card companies are shelling out big bucks and aggressively forming partnerships and deals to start cashing in on the mobile and digital payments innovations currently taking place. American Express, which recently debuted its own digital payments product Serve, has been particularly aggressive on the partnerships front, striking recent deals with both… Read More

  • Google Unveils Wallet And Offers: An Open Platform For Mobile Payments

    Google Unveils Wallet And Offers: An Open Platform For Mobile Payments

    We’re here at Google’s massive New York City HQ (they own an entire block) for what Google was calling a “partner event” but everyone knew was really an “NFC event”. Sure enough, Stephanie Tilenius, Google’s VP of Commerce, has taken the stage to announce Google Wallet and Google Offers. Right off the bat, Tilenius wanted to make it clear that this… Read More

  • Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash

    Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia. U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet credit-card sales, representing a 54… Read More

  • Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash

    Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash

    Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia. U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet credit-card sales, representing a 54… Read More

  • MasterCard Takes On PayPal With MoneySend iPhone App

    MasterCard is taking on PayPal with a new app for the iPhone and iPad users, called MoneySend. The free app allows anyone to transfer money to another account in the United States. MoneySend, which is partly powered by Obopay, allows users in the U.S. to send or request money via an iPhone app through banks and credit unions. Senders and receivers can either use an existing MasterCard account or… Read More

  • PayPal Goes On The Defensive After MasterCard Opens Platform To Developers

    Yesterday MasterCard announced a definitive plan to open up its credit cards payments platform to developers to build innovative online and mobile apps. Of course, this has been the territory that PayPal has basked in, thanks to a much hyped launch of its API, PayPal X. PayPal senior director of PayPal X, Damon Hougland was quick to defend its place in the arena, saying that since its API… Read More

  • Aria: Providing Cheaper PCI Compliance for Payment Processors

    Achieving Payment Card Industry Data Security Standard (PCI DSS) compliance for online transactions is an expensive and timely endeavor; routinely costing hundreds of thousands of dollars and spanning several quarters to reach the desired status. In fact, according to Gartner, PCI compliance will cost up to an average of $2.7 million among Level 1 merchants and $267,000 among Level 2 merchants. Read More

  • Video: PayPal's "Priceless"-esque Commercial

    Back in July, we were at the event where PayPal announced its new flexible payments API. There, they showed off this pretty neat video of their vision of a PayPal Payments-enabled future. So this video is a few weeks old, but it’s making the rounds on Twitter again today, and it’s pretty cool, so we figured we’d post it. Basically, this is PayPal’s vision for the future… Read More

  • An App To Show You Mastercard "Priceless" Deals: Priceless.

    When I first heard that Mastercard was releasing an iPhone app called “Priceless Picks,” I thought for sure it would be a lame gimmick. But I must admit, it’s actually a kind of cool gimmick. If you’ve ever watched TV, you’ve undoubtedly seen at least a dozen of the Mastercard “Priceless” ads. You know the ones, “So and so consumer items: $5. Read More