Payments Source
MARCH 12, 2019
To successfully create new payment forms and uses, it’s critical to have a highly functioning team developing and promoting their ideas — something Colleen Taylor has fully embraced at Mastercard.
Payments Source
JANUARY 22, 2019
The European Commission has fined Mastercard 570 million Euros, or about $648 million, over card network rules that prevented merchants from shopping for better terms at other banks in the EU.
Stax
JULY 30, 2024
Unfortunately for them though, credit card payments come with a cost. billion in fees for accepting Mastercard and Visa credit cards in 2023. This was, in fact, the first time that swipe fees for these two card networks crossed $100 billion. For perspective, US businesses paid a staggering $100.77
Payments Source
NOVEMBER 8, 2019
Two Mastercard issuers have enabled Mastercard’s True Name feature for customers who opt to use their preferred name on credit, debit and prepaid cards instead of their legal name, to support gender inclusion.
EBizCharge
MAY 5, 2025
Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge. Assessment fees: Assessment fees are imposed by major credit card networks (Visa, Mastercard, etc.)
Stax
JANUARY 15, 2024
Utilizing global payment networks (Visa, Mastercard, etc.) Compliance with Payment Card Industry (PCI) Standards The Payment Card Industry Data Security Standard (PCI DSS) ensures secure cardholder data processing, storage, and transmission. Mastercard Mastercard co-founded and co-developed the PCI DSS.
Payments Source
JANUARY 14, 2020
The specific impetus for the Federal Trade Commission's inquiry into Visa and Mastercard's debit transaction routing processes is not entirely clear, but it likely stems from the effect that advanced payments technology has had on Durbin amendment compliance.
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