Mastercard

  • Apple iPhone 6 to have a 'mobile wallet' feature September 1, 2014

    Apple plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation. The agreement includes participation by Visa, MasterCard and American Express and...
  • India's get its own payment gateway 'RuPay' May 8, 2014

    New Delhi: India on Thursday launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard, which will work on ATMs and mechant outlets and help in reducing cash transactions. President Pranab Mukherjee unveiled the indigenous card at a function in Rashtrapati Bhavan. Dedicating it to the nation, Mukherjee said India...
  • WikiLeaks claims victory in Iceland court case April 25, 2013

    London: WikiLeaks has said it has secured a victory in Iceland's Supreme Court against the financial blockade imposed by Visa and MasterCard on donations for the secretspilling site. Visa and MasterCard were among half a dozen major US financial firms to pull the plug on WikiLeaks following its decision to...
  • Visa, MasterCard in $ 6 bn settlement over card fees July 14, 2012

    New York: Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a longrunning lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to...
  • MasterCard, Visa warn of possible security breach March 30, 2012

    New Delhi: Global credit card giant MasterCard is investigating a possible breach of cardholder information, says The Wall Street Journal. The breach was reported by Krebs On Security blog and which also said that MasterCard's rival Visa was also informing card-issuing banks about a breach involving a US-based payment processor. None...
  • Google launches its first Google Wallet app September 20, 2011

    New Delhi: Google has announced the release of its Google Wallet application that can enable phones to make payments. The app is being initially offered on Sprint's network in the US for Sprint Nexus S 4G phones. Google had first announced the app in May 2011. Google Wallet enables users to...
  • WikiLeaks files complaint over Visa, Mastercard July 15, 2011

    London: WikiLeaks and the Icelandic IT company DataCell filed a formal complaint to the European Commission on Thursday, saying payment companies Visa Europe and MasterCard Inc violated EU antitrust laws by blocking donations. Visa Europe, which runs the largest card network in the European Union, and MasterCard blocked WikiLeaks from using...
  • WikiLeaks getting credit card funds July 8, 2011

    London: WikiLeaks has again begun accepting credit card donations, a company affiliated with the secret-spilling site said Thursday. Andreas Fink, the chief executive of Icelandic payment processor DataCell, told The Associated Press that Visa and MasterCard were again processing payments to WikiLeaks after a seven-month hiatus. Fink claimed the move as a...
  • Rupay to substitute Mastercard, Visa in India June 22, 2011

    Mumbai: The much talked about India's 'Rupay' cards are here and it may not be long before it replaces the logos of Visa and Mastercard. Rupay or Rupee Pay is the new card payment scheme launched by the National Payment Corporation of India (NPCI), a company started three years back...
  • Google working on mobile payment technology March 28, 2011

    Bangalore: Google is joining Citigroup and Mastercard to set up a mobile payment system that will turn Android phones into a kind of electronic wallet, the Wall Street Journal said, citing people familiar with the matter. The new technology, which is in its early stages, will allow consumers to wave their...
  • Bank of America stops handling WikiLeaks account December 19, 2010

    Washington: Bank of America Corporation has joined several other financial institutions in refusing to handle payments for WikiLeaks, the latest blow to the secret-releasing organisation's efforts to continue operating under pressure from governments and the corporate world. The Charlotte, North Carolina-based bank's move adds to similar actions by Mastercard Inc and...
  • Facebook, Twitter delete pro-WikiLeaks hackers' accounts December 10, 2010

    London: Facebook and Twitter deleted the accounts of cyber activists who targeted Visa and other Internet payment sites that sought to block the WikiLeaks website after its release of US diplomatic cables. Facebook confirmed it had removed the activists' Operation Payback site on Thursday because it was promoting a distributed denial...
  • Visa becomes next target for WikiLeaks backers December 9, 2010

    New York: The websites for Visa and MasterCard were inaccessible for parts of Wednesday, likely the result of attacks by WikiLeaks supporters who are angry that the credit card companies had stopped processing donations to the organization. Both MasterCard and Visa said that cardholders' accounts were not at risk and that...
  • Attack on MasterCard site a grass-roots effort December 9, 2010

    Boston: Advocates of WikiLeaks founder Julian Assange quickly built a cyber army that took down MasterCard Inc's website using simple tools posted on the Web. MasterCard's website was shut down for much of the day on Wednesday as a group calling itself AnonOps organized a "Denial of Service" attack on the...
  • WikiLeaks supporters attack MasterCard site December 8, 2010

    London: Hackers have crashed the website of credit card firm MasterCard in apparent retaliation for its blocking of donations to the Wikileaks website, the BBC and other media reported on Wednesday. MasterCard was not immediately available to comment. The website did not appear to be available online. Web activists calling themselves Anonymous...
  • Shirish Apte named Citi CEO for Asia-Pacific July 7, 2009

    Washington: Citibank has named a three-person team to replace Ajay Banga, who held the title of Asia-Pacific CEO and left the firm June 19 to become president and CEO of MasterCard. Shirish Apte,56, and Stephen Bird, 42 have been made CEOs for Asia-Pacific, while Shengman Zhang has been named chairman of...
  • Women outdo men even in online shopping: Survey September 23, 2008

    New Delhi: Besides hopping all-day-long in malls and designer streets, when it comes to online shopping, women make more purchases than men, says a new survey. The latest survey on online shopping habits issued by MasterCard has revealed that women make purchases more frequently over the Internet. After surveying 4157 respondents...
  • Mumbai beats HK to Top 10 biz hub list June 20, 2007

    Mumbai: Driven by high trade volumes for equities and good presence of global banking and financial services firms, Mumbai has grabbed a place in the list of world's top 10 financial flow hubs, beating Hong Kong and Beijing in China. The city has been ranked 10th among the world's biggest...