Mastercard has announced a growing list of partners, including specialists in buy now, pay later (BNPL), that will take Mastercard Installments, the payments giant’s BNPL program, a press release said. The new partners include Amount, Bass Pro Shops and Cabela’s, Deserve, H&R Block, i2c, Lithic,...
Mastercard recently teamed up with retail group Massmart to help small, medium-sized and micro-enterprises (SMMEs) in South Africa find digital commerce solutions, according to a Mastercard announcement Thursday (Feb. 17). The collaboration launched late in 2021, allowing SMMEs to buy an electronic Point of Sale...
Mastercard has chosen 16 companies to take part in its the Mastercard Send Partner Program, designed to help banks, FinTech providers and system integrators deliver more convenient and secure real-time digital payments to their customers. Adyen, AptPay, Checkout.com, Cognizant, Fenige, Green Dot, Ingo Money, KyckGlobal,...
As the business environment continually confronts fast-changing technologies and consumer expectations, Mastercard’s payments-focused consulting service is beefing up its offerings to help clients leverage new opportunities while remaining compliant in a changing world. Mastercard said in a press release on Tuesday (Feb. 15) that its...
Mastercard has established a Tourism Innovation Hub in Spain, based in Madrid, with the support of the Spanish government, and it is slated to open in the second quarter of this year, according to a Thursday (Jan. 20) press release. The hub “will develop solutions...
Mastercard and four other companies were fined a total of £33 million ($45.01 million) for their practices involving prepaid cards, with Mastercard being hit with the biggest penalty of £31.56 million ($43.04 million), the Payment Systems Regulator (PSR) said in a statement on Tuesday (Jan....
Mastercard has announced five new startups on its Start Path Crypto program, which is meant to use blockchain to solve “real world problems” around the world, a press release says. The five new startups are Ava Labs, Envel, Kash, LVL, and NiftyKey. Ava Labs works...
Western Union and Mastercard are expanding their 10-year digital partnership to deliver more choice and convenience to customers around the world making payments and cross-border money transfers. Gabriella Fitzgerald, president of the Americas Region at Western Union, said in a press release on Friday (Nov....
During Mastercard’s investor day event Wednesday (Nov. 10), the company announced its forecasted growth targets were rising and its net revenue is likely to rise in the “high-teens” percentiles from 2022 to 2024. Mastercard has also reportedly been looking at a 50% minimum annual operating margin...
