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    Mastercard

    News stories featuring Mastercard:

    MegaFon launches contactless card with carrier billing

    August 23rd, 2016

    Russian mobile network operator MegaFon has begun offering customers a contactless card enabling them to make in-store purchases wherever Mastercard is accepted, charging the payment to their mobile phone bill. The MegaFon card is currently available in Moscow and surrounding areas, as well as St. Petersburg, Yaroslavl, Tver, Kaliningrad, Murmansk, Arkhangelsk and Vologda. It is scheduled to be made available nationwide from 1 October.

    Wristbands speed Olympic visitors onto Rio transport

    August 10th, 2016

    PARTNER NEWS: Visitors to the Rio 2016 Olympic and Paralympic Games are paying for journeys on buses, ferries and trains across the city with NFC wristbands provided by digital security giant Gemalto and public transportation ticketing operator RioCard. More

    Mastercard sees US EMV growth

    August 10th, 2016

    Eight out of ten Mastercard US consumer credit cards now include chips, representing an 88% increase in EMV adoption since the October 2015 liability shift. “The company also sees 1.7m chip-active merchant locations on its network, representing nearly 30% of the US merchant population and a 374% increase in chip terminal adoption since 1 October 2015,” Mastercard says.

    Mastercard and Visa join ClearXChange

    August 10th, 2016

    Mastercard and Visa have joined Early Warning’s peer-to-peer network ClearXChange, allowing US consumers to send money to others using their Mastercard or Visa credit and debit cards. The payment networks join Capital One, Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service, made available to all member financial institutions in June 2015.

    ČSOB launches HCE in Czech Republic

    August 9th, 2016

    Customers of Czech bank ČSOB can now make host card emulation (HCE) based mobile payments using its new NaNákupy mobile wallet. The app virtualizes Mastercard and Visa cards using technology supplied by payment processor SIA. “By the end of 2016, NaNákupy app users will have the possibility to pay on the internet, easily manage the settings of different credit cards and constantly monitor transactions made via mobile,” SIA says. “In addition, it will be possible to virtualize loyalty cards and store receipts, or share shopping lists on a smartphone.”

    South Africans to get biometric authentication for card payments

    July 27th, 2016

    The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.  More

    Mobile-only bank goes live in Germany

    July 26th, 2016

    Mobile network operator Telefónica Deutschland has launched a mobile-only bank in partnership with Fidor Bank in Germany. The service will allow peer-to-peer (P2P) transactions to be made using mobile phone numbers and will come with a Mastercard debit card for in-store and ATM transactions. More

    LTA signs up Mastercard for account-based contactless ticketing in Singapore

    July 26th, 2016

    Singapore’s Land Transport Authority (LTA) has signed a partnership agreement with Mastercard to begin piloting a new account-based ticketing system that will let commuters pay for their train and bus journeys using their existing contactless debit and credit cards. More

    Mastercard planning to become a PSP in China

    July 25th, 2016

    Mastercard is planning to apply to become a payment service provider (PSP) in China this year but is still deciding whether to do so alone or with a partner, according to Reuters. “China in June allowed foreign payment card companies to operate in the country under new rules,” the publication reports. “Under the rules, China’s national security and cyber security standards must be met. Applicants must also hold 1 billion yuan (US$150m) in registered capital in a local company.”

    Mastercard takes majority stake in VocaLink

    July 21st, 2016

    Mastercard has entered into a definitive agreement to acquire 92.4% of UK payments infrastructure operator VocaLink for approximately £700m (US$920m). “Under the agreement, a majority of VocaLink’s shareholders will retain 7.6% ownership for at least three years,” Mastercard says. “This acquisition accelerates Mastercard’s efforts to be an active participant in all types of electronic payments and payment flows and to enhance its services for the benefit of customers and partners.”

    Apple Pay launches in Hong Kong

    July 20th, 2016

    Apple Pay has launched in Hong Kong with support from Mastercard, Visa and American Express. Participating banks include Bank of China (Hong Kong), DBS, Hang Seng Bank, HSBC and Standard Chartered, with support from The Bank of East Asia (BEA) and Tap&Go “coming soon”. More

    Apple Pay launches in France

    July 19th, 2016

    Apple Pay has begun rolling out across France with support from both Mastercard and Visa as well as Banque Populaire, Ticket Restaurant, Carrefour Banque and Caisse d’Epargne. Support from mobile network operators Boon and Orange France is also expected “soon”. More

    Masterpass to enable in-store NFC mobile payments

    July 18th, 2016

    Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments. More

    Samsung Pay to launch in Brazil this month

    July 15th, 2016

    Samsung Pay will begin rolling out across Brazil on July 19, Samsung has confirmed, making it the first market in South America to introduce the mobile payment service. It will be supported by both MasterCard and Visa as well as Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander. More

    Android Pay launches in Australia

    July 14th, 2016

    Google has begun rolling out its Android Pay mobile payment service in Australia with support from American Express and Visa. The service will be available from 27 banks and credit unions at launch and from an additional seven financial institutions “soon”. MasterCard support is expected “in a few days”.  More

    Samsung Pay launches in Puerto Rico

    July 13th, 2016

    Samsung Pay has gone live in Puerto Rico with support from Banco Popular, the country’s largest bank. The service is supported by MasterCard and Visa and is available from mobile network operators AT&T, T-Mobile, Sprint and Claro. More

    Golfer to showcase contactless payments jacket at Royal Troon

    July 13th, 2016

    Professional golfer Graeme McDowell has been equipped with a payment-enabled jacket by MasterCard for The 145th Open at Royal Troon this week that will let him pay while he plays by tapping his sleeve on a contactless reader. More

    Apple Pay launches in Switzerland

    July 7th, 2016

    Apple Pay has begun rolling out across Switzerland, allowing consumers to make in-store and in-app payments using their compatible devices. The mobile payment service launches with support from MasterCard and Visa as well as card issuers Bonus Card, Cornercard and Swiss Bankers. More

    Barclaycard Loop adds NFC payments to any wearable device

    July 7th, 2016

    Barclaycard has unveiled Loop, the fourth product in its bPay contactless payment device range, which comes in the form of a contactless chip and lets consumers add NFC payment capability to the wearable devices they already own. More

    French retail giant to support Fivory NFC mobile payments

    July 4th, 2016

    Customers at supermarket giant Auchan Retail France stores will soon be able to pay for purchases on their mobile phone using NFC or QR codes through the Fivory mobile wallet. The retailer has teamed up with payment solutions provider Oney and MasterCard to support the service which was piloted by French bank Credit Mutuel-CIC in April 2014. More

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