To strengthen its bill payment services, Mastercard said on Friday (May 3) that it has entered into an agreement to acquire Transactis. The move supports efforts to transform and accelerate the growth of Mastercard Bill Pay Exchange, the company said in an announcement. “We see Transactis as strengthening our...
The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. The term “small business,” Mastercard EVP of Core Products Amnah Ajmal told PYMNTS in a recent conversation, can refer...
Mastercard has announced the launch of new small business programs available across Mastercard Business and World Elite offerings. The programs will include product discounts from Intuit, as well as automatic savings on business expenses including recruiting, travel and dining, and more. “Mastercard is developing solutions...
Second thoughts — sure, wise elders recommend them, but they represent defeat for retailers. Hesitation and deeper consideration can lead to fewer products in baskets, abandoned carts and lost sales in the world of payments and commerce. The trick is to get that consumer past...
Mastercard has moved into point-of-sale financing with the acquisition of Vyze, a FinTech firm the payment card network calls an “an end-to-end platform that facilitates financing options for merchants’ customers at checkout.” Announced Tuesday morning (April 16), the deal gives Mastercard a new role in...
It used to be all about the “what.” Issuers designing credit card rewards programs focused on the features that would move that card to the top of the wallet: the most points, the best cashback, the coolest offers, you name it. In a world in...
Here’s a bit of heresy for 2019: Data’s not everything. Sure, data often gets called the oil of the digital age — and data, as a commodity, has an economic, political and cultural value as massive as all those hydrocarbons gathered from beneath the planet’s surface....
The world of payments has provided a new leader to the National Urban League. Tim Murphy, general counsel for Mastercard, has become the 22nd chairman of the civil rights and urban advocacy group, according to a statement from the payment card network. Murphy was elected...
Mastercard, the payments company, is taking a big stake in Network International, the payments company servicing the Middle East. According to a report in The Financial Times, Mastercard will take part in Network International’s initial public offering (IPO) in London in April by making a...
