Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be...
Mastercard has several plans in the works to target half a billion people around the world who fall outside the realm of the formal financial sector, according to Carlos Menendez, president of Enterprise Partnerships at Mastercard. Its latest initiative is to partner with consumer goods giant Unilever...
Thailand peer-to-peer payments tool PromptPay, a part of the nation’s efforts to push electronic payments, will soon step into the world of B2B payments. Reports Wednesday (Feb. 8) said the solution, which has so far focused on the P2P electronic funds transfer space, will soon provide...
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place to place in order to access and pay for government services. Yesterday (Feb. 7), the company announced its commitment to helping the roll-out...
July 21, 2017
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be wished. Visa Checkout also gained traction, according to CEO Al Kelly, to 23 million users in a world where cashless is going more mainstream and commerce-enabling platforms (not wallets) are becoming increasingly important.
March 09, 2017
Mastercard has several plans in the works to target half a billion people around the world who fall outside the realm of the formal financial sector, according to Carlos Menendez, president...
February 08, 2017
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place to place in order to access and pay for government services. Yesterday (Feb. 7), the company announced its commitment to helping the roll-out of the Huduma Card in Kenya – a secure, reliable […]
August 31, 2016
The United Arab Emirates government is pushing for a cashless economy and, according to reports on Tuesday (Aug. 30), has just taken a major step towards that goal. Reports by Gulf...
October 16, 2015
The beginning of October and transition to EMV marked a major shift for the U.S. mobile payments industry, but that’s nothing compared to where Sweden might be in a few...
