Russia may be left without Visa and Mastercard – – Due to the fact that the Russian Federation invaded Ukraine, the ban should be extended to the operation of these payment systems throughout the entire territory of the aggressor country. President of Ukraine Volodymyr Zelensky sent an official letter to the international payment systems Visa … Read more
The El Corte Inglés universal credit card is closer to being a reality. Department stores are already testing it among their employees through the ‘Family&friends’ program in order to analyze its operation and usefulness, as well as detect possible failures and areas for improvement with a view to its launch in the coming months, according … Read more
The American internet giant thus acknowledges defeat in its once extensive ambitions in the field of digital payments. The Wall Street Journal and the Financial Times reported. Facebook, which was renamed Meta Platforms last year, unveiled a plan to create a new digital currency in June 2019. The new currency was originally to be called … Read more
Favorable developments on world stock exchanges could continue in the coming weeks and months and carry over to next year. That’s what analysts approached by the E15 daily believe. Many major indices that measure stock prices have strengthened considerably this year and are reaching records. For example, shares of Chinese companies, domestic banks or securities … Read more
The agency allowed the companies Mastercard Europe SA (Belgium) and “Visa International Service Association” (USA) to reduce the size of domestic interbank commissions, which are determined in relation to the corresponding consumer payment account details and paid by the acquirer in favor of Ukraine. The AMCU also reminded that the acquiring service allows consumers to … Read more
Mastercard is starting to give up the magnetic strips on credit and debit cards it issues, the company said. Their removal will be gradual and should be completed by 2033. Mastercard will be the first in the industry to abandon the technology, which dates back to the 60s of last century. In regions such as … Read more
Yeshua Ordaz Mexico City / 11.06.2021 14:50:57 The Petro Seven gas station teamed up with Apple to introduce certified contactless (contactless) technology in its more than 250 service stations in Nuevo León, Coahuila, Tamaulipas, Jalisco, Chihuahua and Baja California, which will allow customers to pay with Apple Pay in a way using your iPhone O … Read more
Russia may be left without Visa and Mastercard – – In the future, new sanctions may lead to a restriction of Russia’s access to Visa and Mastercard. Moody’s confirmed Russia’s long-term sovereign rating at Baa3 with a stable outlook, but saw the risks of restricting the country’s access to international payment systems, the international agency … Read more
The association Ius Omnibus – created in March with a view to defending the interest of European consumers and where Ana Gomes is chairman – has already filed the lawsuit against Mastercard before the Competition, Regulation and Supervision Court (TCRS), in Santarém . This is a popular action that aims to compensate Portuguese consumers by … Read more
Jan Marsalek We are looking for the ex-COO of Wirecard. – (Photo: Wirecard) – – – – Munich The fraud at the insolvent payment service provider Wirecard is apparently even bigger than expected. The previous assumption was that 1.9 billion euros were missing from the balance sheet. Research now shows: The existence of a further … Read more