(Reuters) – Mastercard on Tuesday said its board had approved a new share repurchase program, authorizing the company to buy back up to $11 billion of its Class A shares. …
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(Reuters) – Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation. In September, Mastercard SpendingPulse, which measures …
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By Pete Schroeder WASHINGTON (Reuters) – Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve is expected to propose lowering the fees banks can charge …
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(Reuters) – Global payments processors Visa and Mastercard are planning to increase fees that many merchants pay when they accept customers’ credit cards, the Wall Street Journal reported on Wednesday. …
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(Reuters) – Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system …
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By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard and Adobe during his trip …
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ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard. The agreement covers 13 banks in 12 markets, totalling 20 …
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By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company’s head of crypto and blockchain said, even …
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By Jonathan Stempel (Reuters) – A federal appeals court on Wednesday upheld a $5.6 billion antitrust class-action settlement with more than 12 million retailers that accused Visa Inc and MasterCard …
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Visa, MasterCard Pause Work On Code Aimed At Tracking Gun Purchases Bronson Winslow on March 9, 2023 Visa and MasterCard have paused efforts to implement a merchant code that would …
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(Reuters) – Visa Inc and Mastercard Inc have decided to pause implementing a plan that would track transactions at firearms and ammunition stores, Bloomberg News reported on Thursday, citing people …
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SAO PAULO (Reuters) – Mastercard Inc and Binance said on Monday they are lauching a prepaid card in Brazil, Latin America’s largest economy, as part of the crypto giant’s efforts …
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(Reuters) – U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as steep discounts lured deal-hungry consumers, a Mastercard report …
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(Reuters) -The Biden administration on Friday said it was ordering Mastercard Inc to stop blocking the use of competing networks to process debit payments. Under a proposed order, Mastercard would …
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(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported …
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NEW DELHI/BENGALURU -The Reserve Bank of India on Thursday lifted restrictions imposed last year on Mastercard Inc over issuing debit and credit cards to new domestic customers. The decision follows …
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By Huw Jones LONDON – It could be years before card fees from global payments duo Mastercard and Visa can be capped again to cut costs for retailers and consumers, …
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(Reuters) – Mastercard Inc on Wednesday said it will fund travel and lodging for employees seeking abortions outside their home states from June, according to an internal memo seen by …
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(Reuters) – Payment processor Mastercard Inc will link all employee bonuses to environmental, social and corporate-governance (ESG)initiatives, expanding an earlier program which was limited to its senior executives, Chief Executive …
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By John McCrank -U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work …