Posts filtered by tags: Mastercard[x]


 

[Update: Increased Offers For iPhone 12/12 Pro!] Switch To Visible From Verizon And Get Free Airpods Pro, Up To A $200 Mastercard, And More With Unlimited Plans From $25/Month!

Update: Visible has increased the offers for iPhone 12 and iPhone 12 Pro to get a $200 Mastercard gift card and Airpods Pro! -Switch To Visible From Verizon And Get Free Airpods Pro, Up To A $200 Mastercard, And More With Unlimited Plans From $25/Month -Also available are free Samsung Galaxy Buds Live and up […]
Tags: Deals, Samsung, Cell Phones, Mastercard


Get Fee-Waived $200 Mastercard Gift Cards From Staples This Week!

Staples is waiving the $6.95 purchase fee on $200 Mastercard gift cards from 11/29-12/5. This is valid in-store only. Officially per the weekly ad, there is a limit of 5 cards per customer per day. Use your Chase Ink Cash Card or Ink Plus card and get 5 points per dollar spent. You can also […]
Tags: Deals, Gift Cards, Mastercard, Miles & Points, Mastercard Gift Cards From Staples This Week


Inside American Express's virtual mentorship program that's helping low-income teens get into and pay for college

Alexander-Joseph Silva, 18, said the program has helped him navigate not only the college process, but the process of coming out as transgender. Alexander-Joseph Silva American Express and a nonprofit called Strive for College have helped more than 4,000 students navigate the complicated college admissions and financial aid process through their program UStrive.  The program pairs students from marginalized backgrounds with American Express employees and cardholders who volunteer as mentor...
Tags: New York, US, Trends, Jp Morgan, American Express, Deloitte, Vermont, Sap, Mastercard, Business Insider, Citi, Jpmorgan, MetLife, Champlain Valley, Silva, Rochester Institute of Technology


Square cofounder Jim McKelvey on competing with Amazon, building a startup during a recession, and why 2020 is a great year for entrepreneurs

Square cofounder Jim McKelvey and Polina Marinova. Polina Marinova/Screenshot from INBOUND2020 conference Polina Marinova is the founder and author of The Profile, a newsletter that features longform profiles on successful people and companies. She recently interviewed Square cofounder Jim McKelvey for the INBOUND2020 conference, where he discussed what it was like building a startup during a recession, competing against Amazon, and fighting imposter syndrome. McKelvey says understanding w...
Tags: Amazon, Startups, New York, Entrepreneurship, US, San Francisco, Trends, Strategy, Tech, Bank Of America, Ikea, Square, American Express, Jack Dorsey, Jack, St Louis


ShortsTV Acquires Distribution Rights to Women-Centered Documentary Film Collection From Mastercard (EXCLUSIVE)

ShortsTV has acquired exclusive one-year distribution rights to a collection of short documentary films commissioned by Mastercard, Variety has exclusively learned. The short films from the collection, titled “Five,” were helmed by women directors, and follow five unique journeys of women entrepreneurs in different countries. The five selected works — “Harfa,” “Justice of the Pies,” […]
Tags: News, Five, Mastercard, ShortsTV, Mastercard Variety


Affirm revealed its IPO paperwork. Here's a look inside the buy now, pay later frenzy, the new twist on financing that is a must have for everyone.

Klarna markets itself as a 'smoooth shopping' experience. Thomas Concordia/Getty Images Point-of-sale financing isn't new, but it's gotten renewed attention as a wave of startups like Affirm, Afterpay, and Klarna acquired millions of new users during the coronavirus pandemic. On Wednesday, Affim published its S-1, the paper detailing its planned initial public offering.  These fintechs offer consumers the ability to buy now, pay later, both online and in-store. And now, incumbents ...
Tags: Apple, Google, Amazon, Japan, UK, Etsy, Australia, France, Finance, China, US, Trends, Paypal, David, Canada, Tencent


PM Modi launches Rupay card Phase-2 in Bhutan

Prime Minister Narendra Modi on Friday launched the second phase of domestic card network RuPay’s expansion in Bhutan during a virtual conference held with Bhutanese Prime Minister Lotay Tshering. In August 2019, during his state-visit to Bhutan, PM Modi announced that visitors from India could access ATMs and Point of Sale (PoS) terminals across Bhutan through RuPay cards. Under the Phase-2 roll-out, Bhutanese card holders can access the RuPay network in India, a government press release says. ...
Tags: Travel, South Korea, News, Australia, India, Narendra Modi, Middle East, United Arab Emirates, Myanmar, Bahrain, ISRO, Mastercard, Bhutan, Modi, Punjab, BSNL


Congress MPs question Joint Parliamentary Committee’s remit as it grills Twitter over Kamra’s tweets

A Twitter row over the mandate of the Joint Parliamentary Committee (JPC) on Personal Data Protection Bill erupted between politicians as news reports trickled out that the BJP MP Meenakshi Lekhi-led committee had grilled Twitter for not taking down “obscene” tweets by comedian Kunal Kamra targeting Chief Justice of India S.A. Bobde. Lekhi said that the JPC has sought a reply from Twitter over the matter within seven days, PTI reported. She reportedly said that the issue received support across ...
Tags: Travel, Facebook, Twitter, News, Supreme Court, Privacy, Congress, China, India, BJP, Paypal, Bill, Parliament, Delhi, Mastercard, Bangalore


A fintech startup was rapped by the UK's financial watchdog

The UK's financial watchdog warned Wednesday fintech Lanistar wasn't authorized to operate. Lanistar claims its upcoming debit card is "the world's most secure card," and can link up to eight bank accounts. The Financial Conduct Authority (FCA) said Lanistar "is targeting people in the UK," and advised consumers to "be especially wary of dealing with this unauthorised firm." Lanistar rejected the FCA's statement, saying: "Legal and regulatory compliance are central to Lanistar's business." It w...
Tags: UK, Money, Instagram, Finance, Trends, Startup, Tech, Fca, Bank, Credit Card, Scam, Fintech, Mastercard, Debit Card, UK s Financial Conduct Authority FCA, The Financial Conduct Authority FCA


African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company offers mobile-based, no fee, P2P payment services in seven countries: Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. Parallel to its P2P app, the startu...
Tags: Apple, Amazon, TC, Facebook, Yahoo, Nigeria, Africa, America, San Francisco, Tech, Tesla, Banking, E-commerce, Uganda, United States, South Africa


Parliamentary Committee on personal data summons iSPIRT, PayPal, Visa, Mastercard, Cyble

The Joint Parliamentary Committee (JPC) on the Personal Data Protection Bill has summoned cybersecurity firm Cyble and payments company PayPal for depositions later today. The Committee has also summoned Bangalore-based think tank iSPIRT, and card network companies Mastercard and Visa for deposition on November 20. Today, the JPC will also hear from companies that have not submitted their post-evidence replies. This follows four meetings of a clause-by-clause analysis of the Bill that were held ...
Tags: Travel, News, Southeast Asia, India, Atlanta, Paypal, Committee, Mastercard, Bangalore, BigBasket, Visa, Infosys, Ken, Parliamentary Committee, Nandan Nilekani, Meenakshi Lekhi


Fintech startup Lanistar was rapped by the UK's financial watchdog

Gurhan Kiziloz, founder and CEO of Lanistar Lanistar The UK's financial watchdog warned Wednesday fintech Lanistar wasn't authorised to operate. Lanistar is gearing up to launch the "world's most secure" bank card. The Financial Conduct Authority (FCA) said Lanistar "is targeting people in the UK," and advised consumers to "be especially wary of dealing with this unauthorised firm." Lanistar rejected the FCA's statement, saying: "Legal and regulatory compliance are central to Lanistar's bu...
Tags: UK, Money, Instagram, Finance, Trends, Startup, Tech, Fca, Bank, Credit Card, Scam, Fintech, Mastercard, Debit Card, Financial Conduct Authority FCA, UK s Financial Conduct Authority FCA


The DOJ has approved Mastercard’s acquisition of Finicity

Federal regulators have approved Mastercard’s acquisition of Salt Lake City-based startup Finicity, which provides open-banking APIs. The deal is expected to go for $825 million. “We were notified that the Department of Justice completed its review of our planned acquisition of Finicity and has cleared it to move forward,” Mastercard wrote in a statement. “We are pleased to have reached this milestone.” Finicity allows users to be able to decide how their financial information is shared an...
Tags: Tech, Salt Lake City, Department Of Justice, Doj, Intuit, Venmo, Mastercard, Visa, Crunchbase, Credit Karma, Finicity, Plaid Plaid


Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa

The African continent is currently one of the when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention. In the latest development, Kuda, a startup out of Nigeria that operates a popular mobile-first challenger bank for consumers and (soon) small businesses, is announcing that it has raised $10 million — the biggest seed round ever to be raised in Africa. The funding comes on the back of st...
Tags: TC, Europe, UK, England, London, Finance, Softbank, Funding, Nigeria, Africa, Tech, Silicon Valley, Mastercard, Cto, Oliver, Lagos


Two Mastercard execs predict a future in which passwords and one-time pins will make way for a more streamlined global payments system

A customer scans goods at the first Pyaterochka #naletu [on-the-go] cashierless supermarket on the opening day. Access to the supermarket is granted via an application; the store has a fully-automated checkout system using card payments, Google Pay and Apple Pay. Artyom Geodakyan\TASS via Getty Images According to a recent Mastercard global consumer study, more consumers are using contactless cards or their smartphone to make payments, noting a large increase in the use of di...
Tags: Google, Amazon, Asia, Japan, Trends, Seattle, Mastercard, TASS, Digital Payments, RTP, Getty Images According, Mastercard Asia Pacific, Edit Series, TB2020, SP-ING-WB-2020, TB2020 Finance


4 steps diversity and inclusion consultants recommend for hiring more Black and brown employees — and keeping them long term

Getting people from marginalized backgrounds in the door at your company is just the start of an effective diversity, equity, and inclusion plan. Shannon Stapleton/Reuters American business leaders are promising changes to address racism in the US, including plans to diversify their workforces.  But these plans will fall short if companies don't make Black and brown employees feel valued, multiple diversity, equity, and inclusion (DEI) experts told Business Insider.  Successful DEI plans a...
Tags: Google, Buzzfeed, US, America, Trends, Equity, Black, Mastercard, Trump, Mckinsey, Jpmorgan, Tucker, Boston Scientific, Boston Consulting Group, Shannon Stapleton Reuters, Quintanilla


Financial experts say the shift from cash to real-time payments in Asia has accelerated, but the real challenge will be connecting those infrastructures across borders

Ari Sarker, co-president, Asia Pacific, Mastercard Mastercard RTPs are a critical element of nation building in the region, in particular around increased digital and financial inclusion India is global leader in RTPs, with 41 million transactions per day, closely followed by China While domestic RTP systems are growing across almost all Asian countries, cross border payments remain a challenge Business Insider has named some notable leaders transforming finance in Asia....
Tags: Asia, South Korea, Indonesia, Finance, China, Southeast Asia, Singapore, India, Trends, Thailand, Asia Pacific, Philippines, Malaysia, Michael O Neill, The Philippines, Mastercard


DOJ files antitrust lawsuit challenging Visa’s $5.3 billion acquisition of Plaid

The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid . News of the DOJ’s investigation first broke last month. “By acquiring Plaid, Visa would eliminate a nascent competitive threat that would likely result in substantial savings and more innovative online debit services for merchants and consumers,” the DOJ wrote in its lawsuit. The deal would violate Section 2 of the Sherman Act “and must be stopped,” the DOJ wrote in its...
Tags: Credit Cards, TC, Microsoft, Finance, Tech, Bloomberg, United States, Ibm, Department Of Justice, Doj, Plaid, Justice Department, Debit Cards, Mastercard, Visa, Merchant Services


Why banks and payment companies are betting on NFC

In the wake of the COVID-19 pandemic, card companies and banks are pushing near-field-communication (NFC) based payment options for customers in a bid to avoid debit or credit card swipes at retail outlets. While Google Pay has launched a tokenised card option with Axis Bank, SBI Cards and Kotak Mahindra Bank, HDFC Bank alongside Visa have now enabled merchants to accept contact-less card payments via their smartphone, according to a press release. NFC-based card payments allow customers to “tap...
Tags: Travel, Google, News, India, Samsung, Nfc, Contactless Payments, South Asia, UPI, Mastercard, Visa, Axis Bank, Reserve Bank of India, Kotak Mahindra Bank, Digital Payments, National Payments Corporation of India


Purewrist Launches Digital, Contactless Employee Gift Card Program

Purewrist has launched its latest offering for businesses to provide a digital contactless employee gift program. The offering, d uring the coronavirus crisis, will offer an option for digital payments and simplify gift card distribution for this upcoming holiday season. The employee gift package will also help businesses connect with their employees as an estimated 64% of US employees are working from home now due to the pandemic. Purewrist Digital Gift Card Program Employe...
Tags: Amazon, US, Samsung, Sales, Mastercard, Small Business News, Purewrist, Purewrist Digital Gift Card Program Employers, Mastercard NFC


NPCI arm submits a bid for building Myanmar’s payments system: Report

The National Payments Corporation of India (NPCI) has submitted a bid to the Central Bank of Myanmar (CBM) to build the country’s real-time retail payments system and QR-code generation and repository system, the Economic Times reported. The bid was submitted by NPCI International (NIPL), a recently set up a subsidiary of the NPCI, alongside US-based payments company Euronet. On the back of its success with the Unified Payments Interface (UPI), the NPCI plans to internationalise UPI and their ca...
Tags: Travel, Google, News, Singapore, India, Africa, US, Middle East, Myanmar, UPI, Mastercard, Ministry Of External Affairs, Economic Times, CBM, Bank of Baroda, Digital Payments


Poor cross-border transactions drives Visa’s poor Q4 earnings

Similar to its global counter-part Mastercard, Visa Inc. reported a 17% YoY drop in revenues and a 30% YoY drop in profits for Q4 2020, due to a significant fall in cross-border transactions between July and September this year. The company suffered a 38% YoY drop in cross-border payments globally in Q4 2020, while cross-border volumes excluding intra-Europe fell by 41% YoY, according to its investor presentation. “While our business drivers and financial results were impacted by Covid-19 in 202...
Tags: Travel, Credit Cards, Europe, News, India, Africa, Turkey, Canada, United States, Asia Pacific, Malaysia, Pakistan, Argentina, Earnings, Cambodia, Latin America


Drop in cross-border transactions impacts Mastercard’s Q3 earnings

Mastercard Inc. reported a 30% YoY drop in profits and a 14% YoY fall in revenues for Q3 as cross-border transactions on the card network fell significantly between July and September this year. The global card network giant said that the fall in revenue was attributed to the Covid-19 impact and also flattish growth in rebates and incentives. “Mastercard has been focused on helping merchants, banks, fintechs, governments and consumers with products and services to navigate the pandemic. We are s...
Tags: Travel, Credit Cards, Europe, UK, News, France, Africa, US, Spain, Colombia, Canada, United States, United Kingdom, Barclays, Earnings, Bank


Visa and Mastercard earnings highlight consumer spending woe

News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Tags: Financial Times, Mastercard


The DOJ is investigating Visa’s $5.3 billion bid for Plaid on antitrust grounds

It’s not just big tech that’s getting the antitrust treatment from the Department of Justice. Late Monday afternoon, the Department of Justice tipped its hand that it was investigating Visa’s proposed $5.3 billion acquisition of the venture-backed Plaid, which allows applications to connect with a users’ bank account. It’s a tool that powers a good chunk of new fintech offerings, and the Justice Department has apparently spent the past year looking into how the deal would affect the broader mark...
Tags: Travel, Credit Cards, TC, Finance, Massachusetts, Companies, AT&T, The Wall Street Journal, Department Of Justice, Doj, Plaid, Intuit, Justice Department, Mastercard, Bain, Visa


Get Fee-Waived $200 Mastercard Gift Cards From Staples This Week!

Staples is waiving the $6.95 purchase fee on $200 Mastercard gift cards from 10/25-10/31. This is valid in-store only. Officially per the weekly ad, there is a limit of 5 cards per customer per day. Use your Chase Ink Cash Card or Ink Plus card and get 5 points per dollar spent. You can also […]
Tags: Deals, Gift Cards, Mastercard, Miles & Points, Mastercard Gift Cards From Staples This Week


All payment companies must use UPI or Bharat QR codes by March 2022: RBI

Payment companies that have deployed proprietary Quick Response (QR) codes across their merchant networks must shift to the UPI or the Bharat QR codes by March 31, 2022, the Reserve Bank of India (RBI) has directed. Payment companies cannot issue their own proprietary QR codes any more. Payment companies such as Paytm, Phone Pe, Bharat Pe and Google Pay had acquired retail merchants over the last five years and deployed QR codes that customers could scan with their corresponding payment wallets....
Tags: Travel, Google, News, American Express, Qr Codes, UPI, Mastercard, Reserve Bank of India RBI, Reserve Bank of India, MDR, Indian Institute of Technology IIT, Digital Payments, NPCI, National Payments Corporation of India, Unified Payments Interface, QR Code payments


Amazon Inexplicably Removes Apple Card From Payment Options

Apple Card owners who had their Apple Cards stored in Amazon as a saved payment option this morning started noticing that the ‌Apple Card‌ has disappeared from the payment list. Multiple MacRumors readers have notified us about the problem, and we've also been able to replicate it. Apple Cards are missing from the Amazon website and app and attempting to re-add one pops out an error message that credit card information is unable to be saved. A Redditor describes the problem:Has this happened...
Tags: Apple, Amazon, Mastercard, Apple Card, Apple Cards


Apple Cards Not Currently Working as Amazon Payment Methods Due to 'Technical Issue'

Apple Card owners who had their Apple Cards stored in Amazon as a saved payment option this morning started noticing that the ‌Apple Card‌ has disappeared from the payment list. Multiple MacRumors readers have notified us about the problem, and we've also been able to replicate it. Apple Cards are missing from the Amazon website and app and attempting to re-add one pops out an error message that credit card information is unable to be saved. A Redditor describes the problem:Has this happened...
Tags: Apple, Amazon, Mastercard, Apple Card, Apple Cards, Amazon Payment Methods Due


Visa and Mastercard accused of charging 'excessive' fees

Retail groups say the fees charged by credit card firms have almost doubled in two years.
Tags: Business, Mastercard