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VISA AND MASTERCARD DEAL
Mastercard to buy stablecoin infra firm BVNK for up to $1.8 billionMastercard is set to acquire BVNK, a stablecoin payments infrastructure company. The deal, valued up to $1.8 billion, signals Mastercard's ...
Major Visa and Mastercard deal sparks fears of card declines for shoppers everywhereA new Visa and Mastercard deal may change how people use their cards from 2026. The agreement could give stores more power to choose which ...
Visa and Mastercard near settlement with merchants, would lower fees: ReportVisa and Mastercard are close to a settlement with merchants. The payment giants will reduce fees stores pay for credit card transactions. ...
RBI diktat to banks, credit card companies set to upend long-term integrationsFor several years, banks have been dependent on deep integrations and partnerships with companies like Visa and Mastercard to make credit c...
Visa $1 billion buyout of Brazil's Pismo eases fintech M&A slowdownThe Pismo deal is the largest fintech exit in Latin America since Nubank went public in late 2021 and the largest disclosed startup exit so...
Visa and Mastercard face new set of legal challengesA federal judge Friday refused Visa's request to be dismissed from a case that claims it conspired to help MindGeek, parent company of the ...
UK watchdog to review post-Brexit Visa and Mastercard feesThe first review will look at why there was a fivefold post-Brexit increase in the cross-border interchange fee that Mastercard and Visa ch...
UK payments watchdog to review Visa and Mastercard feesThe PSR's announcement on Tuesday follows heavy pressure from lawmakers to launch full market reviews to tackle card fees paid by retailers...
Visa complains to US govt about India backing for local rival RuPayIn public Visa has downplayed concerns about the rise of RuPay, which has been supported by public lobbying from Prime Minister Narendra Mo...
India's ban on Mastercard to hit banks' card operations, income: SourcesThough existing customers will not be hit, business impact will be significant as banks need to sign new commercial deals with rival networ...
Visa, Plaid call off merger following antitrust pressureAfter Visa bid to buy Plaid, politicians and antitrust experts argued the deal would give Visa even more power over how customers and busin...
Payments majors Visa, Mastercard and American Express may be taxed on India incomeAfter central bank directive on data storage, global payments companies may have to pay 15% tax.
Demonetisation: Banks, Visa, RuPay waive debit card chargesBanks and payments facilitators Visa, and RuPay are carrying out transactions for free, while some wallet companies are enabling card payme...
Finance Ministry expects report on debit card data breach in 10 daysFinance Minister Arun Jaitley had said the government asked RBI and banks to provide details of the data breach and also banks' preparednes...
- MasterCard reports 15 pc jump in Q2 profit
MasterCard Inc on Tuesday said increased use of credit and debit cards overseas helped lift its third-quarter profit by 15 per cent.
- PNB to start credit card business in six months
State-owned Punjab National Bank (PNB) is likely to launch its credit card business in the second-half of this fiscal and would enter into ...
- Visa in the dock, faces anti-trust probe over price-fixing charges
EU regulators opened an in-depth investigation on Wednesday into whether cross border fees charged by credit card company Visa Europe amoun...