Tag: Mastercard

Wednesday, 28/02/2024 | 19:58 GMT by Jared Kirui This collaboration introduces prepaid virtual cards in the region. It focuses on expanding international remittance services to boost financial inclusion. Mastercard and MTN Group Fintech have entered into an agreement to bolster mobile payment services across Africa. With a combined subscriber base of 290 million and 60

Merchants have long accused payment networks of charging exorbitant “swipe fees” when shoppers use their cards. Visa and Mastercard have reached an estimated $30 billion antitrust settlement to limit credit and debit card fees to U.S. merchants, with some of the savings passed on to consumers through lower prices. is likely to be returned to.

Visa and Mastercard announce settlements with U.S. merchants over swipe fees that could save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard, and other credit card companies in exchange for enabling transactions. Merchants ultimately pass these fees on to consumers who use credit or debit cards. Under the settlement announced

Friday, 03/05/2024 | 14:12 GMT by Jared Kirui Six startups, including Cardstream, Gr4vy, Hook, Nearpay, Omniretail, and Tazapay, have joined the Start Path Acceptance program. The program aims to enhance digital payments by engaging fintech experts to address crucial challenges. Mastercard has launched a new program to promote collaboration with startups worldwide seeking to expand