Mastercard has inked a partnership agreement with the Central Bank of Iraq to digitize payments in that country. The aim is to make this largely cash-driven society a more cashless place, while also hoping to “boost financial inclusion, encourage socio-economic development” and “mitigate the risks...
Mastercard and Swedish FinTech Doconomy have collaborated to develop a tool that lets consumers calculate the carbon footprint of their shopping habits, according to a press release. The Mastercard Carbon Calculator is now part of the company’s global network and is customizable to suit the...
Mastercard is launching an end-user application service within Pay.UK’s request to pay (R2P) framework to facilitate payments. “Mastercard’s Request to Pay solution has the ability to transform bill payments in the U.K. As individuals and businesses all demand faster, easier and more intuitive ways to...
Mastercard has announced new partnerships with DoorDash and HelloFresh for its World and World Elite cardholders. The credit card company said Thursday the offerings are in response to “consumers’ desire for on-demand access to the best local restaurant meals, household grocery and convenience items, and...
Mastercard has added new offerings from QuickBooks, Microsoft and Zoho to its collection of U.S. small business benefits to help small companies make the most of their digital presence, according to an announcement. “Together with our partners, we are delivering a solid foundation of digital offerings...
Payments platform Airtel Africa closed a $100 million deal that gives Mastercard a 3.75 stake percent in its business, now valued at $2.65 billion. Raghunath Mandava, chief executive officer (CEO) of Airtel Africa, said in a press release on Friday (April 1) that Mastercard’s investment...
A class-action lawsuit against Mastercard for a record £14 billion ($19 billion) will be heard by a specialist London court on Thursday (March 25), which will decide if the case should proceed, Reuters reported. The 2016 suit, brought by former financial ombudsman Walter Merricks, could...
Digital payments service Wirex has launched a multicurrency Mastercard debit card in the U.K. and EEA, along with a new reward program, a press release says. The new reward program, Wirex X-tras, its an extension of the company rewards scheme, allowing a new subscription upgrade...
Mastercard said Monday (March 8) said it is expanding its Engage platform to give “customers easy access to a growing network of qualified technology and FinTech partners that can quickly deploy Mastercard Digital First solutions.” The company said its business customers will be able “to...
