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Mastercard Simplifies Bill Payments with Bill Qkr

Fintech News

Payments giant Mastercard has introduced Bill Qkr , a digital solution aimed at simplifying recurring and one-time bill payments for consumers and businesses. Mastercard Bill Qkr is now live and available globally. said Jennifer Marriner, Executive Vice President, Global Acceptance at Mastercard.

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dtcpay Taps Mastercard Move to Enhance Cross-Border Payment Access

Fintech News

Singapore-based digital payments firm dtcpay has integrated its platform with Mastercard Move. Typical processing times range from under an hour for 60 percent of transactions to within 24 hours for 95 percent. This collaboration with Mastercard Move is a significant milestone in achieving that goal.

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What is a BIN in Payment Processing

Clearly Payments

In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Why is the BIN Important in Payments?

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The Hidden Costs of Payment Processing No One Talks About

Clearly Payments

However, what many merchants dont realize is that there can be a whole range of extra, often hidden costs buried in their processing agreements. In this article, well walk you through the not-so-obvious side of payment processing, covering everything from seemingly small charges like statement fees to big hits like chargeback fees.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

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Visa, Mastercard trials postponed

Payments Dive

Gap is one of dozens of merchants suing Visa and Mastercard over the cost of interchange fees on Visa and Mastercard-branded cards. In subsequent court filings, lawyers for the merchants asserted that Visa and Mastercard had seized on the judge’s question as the basis of their effort to push the trial into 2026.

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How modern payments processing has changed: In conversation with BPC

The Payments Association

The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.

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