MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

MasterCard

The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not.  More




NFC news in brief • 17 Jan 2011

Enlighten smart poster with NFC

News in brief from the NFC world and beyond: LG bringing NFC phone to US? • No NFC yet for Sony Ericsson • ZTE works on NFC and biometrics • Signbox lights up NFC • LSE examines NFC privacy • New NFC solution for retailers • Intuit adds mobile payments acceptance. More


Feed for stories about GoPayment.