Posts Tagged ‘MasterCard’
Mastercard’s Zahir Khoja on the Trends “Working in Our Favor”
According to Mastercard’s Zahir Khoja, 85% of transactions globally are still made in cash, representing an enormous opportunity for payments providers to grow digital acceptance. Presenting at PF WORLD 2018, Khoja told the audience that, while the number of cash transactions looms large, market trends are helping providers move many of those merchants toward digital payments with a focus on the experience it provides for consumers.
Read MoreMastercard Targets Cambodia for QR
Mastercard has announced plans to enhance QR code offerings in Cambodia via a partnership with Wing Limited Specialised Bank (Wing). Together, the two aim to offer greater convenience through secure digital alternatives.
Read MoreStripe Targets the Middle Man With Stripe Issuing
With so many online apps touting convenience as a benefit driver, one merely has to unlock their home screen to have their favorite restaurant deliver food right to their doorstep. And this is just the type of business model that Stripe is targeting with Stripe Issuing.
Read MoreKlarna Launches Payment Card; Shopify and Google Target Retail Storefronts: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreMastercard Launches Digital Campaign in India’s Tier 2 and 3 Market Sectors
Mastercard has partnered with Confederation of All India Traders (CAIT) to raise digital awareness via WhatsApp in India’s tier 2 and 3 cities.
Read MoreFrictionless Underwriting: Worth the Risk?
While controlling access to the payments system is critical, the legacy system in place to do so was overkill for many players. To accept electronic payments, even the smallest merchant had to complete the same applications and undergo the same scrutiny as the big guys. Enter frictionless underwriting.
Read MorePivotal Payments PF Platform Now Registered with Visa, Mastercard
Pivotal Payments announced last week that its PayFac Connect platform is now registered with Visa and Mastercard as fully complying with the card brands’ payment facilitator guidelines.
Read MoreStripe Introduces Stripe Billing; Mastercard Foregoes Customer Signature: News Roundup
Stripe introduces Stripe Billing to target the recurring business model specifically while Mastercard forgoes the customer signature on in-store purchases at US and Canadian merchant locations. And in other news, PayPal leads the rankings for mobile wallets while QR code adoption faces challenges in Europe and North America.
Read MoreMastercard Showcases PF Support at India Event
Mastercard has introduced two initiatives to support the PF community in South Asia. It plans to launch an awards program and a payment facilitator council this year.
Read MoreSquare’s Cash App Enables Direct Deposit; Stripe acquires POS Startup Company Index: News Roundup
Global brand Square moves one step closer to offering full-fledged banking services while Stripe acquires POS startup Index. And in other news, Mastercard completes its acquisition of Oltio and EverCompliant secures investment from American Express.
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