The demand for contactless payment cards has increased tremendously in recent years because they speed up monetary transactions. USA had issued millions of RFID-enabled...

MasterCard says it will pay about $1.8 billion to American Express to settle an antitrust lawsuit.The Purchase, N.Y., credit card company says it will make 12 quarterly...

Emerging markets such as China have been lucrative regions to invest in over the past several years. Now, their cities are becoming some of the world’s major...

Stocks bounded higher Thursday after the government reported that the economy grew at a faster pace than had been estimated and MasterCard said consumers are continuing...

MasterCard says its profit more than doubled in the first quarter as more customers outside the United States used their credit cards for purchases.The Purchase,...

Discount retailer TJX Cos. could pay as much as $24 million in a settlement Wednesday with MasterCard Inc. over a massive breach that exposed tens of millions of...

Discount retailer TJX Cos. could pay as much as $24 million in a settlement Wednesday with MasterCard Inc. over a massive breach that exposed tens of millions of...

Asset manager Ameriprise Financial Services Inc. is pairing up with MasterCard Inc. to become a credit card lender for the first time, the two companies planned to...

Mastercard must drop fees it charges for cross-border transactions or face daily fines of 3.5 percent of daily global turnover, European Union regulators said...

Visa is to pay $2.1 billion to its credit card rival American Express to settle damages relating to a 2004 antitrust lawsuit. The Visa International Service Association...

MasterCard Inc.’s third-quarter profit blew past Wall Street’s expectations, jumping 63 percent in a powerful reminder that many people around the world are...

Soccer’s global governing body FIFA just got richer by $170m after striking a deal with Visa, which also marked the end of a bitter dispute over the sponsorship...

Soon Verizon wireless customers will have another option to pay their bills through their mobile phones. Verizon, is the first US carrier to offer the mobile payment...

The 16 year old alliance of Mastercard and Football World Cup has finally ended as the ruling of US judge for reconsidering the decision of FIFA of making it their...

Turkey-based Garanti Bank has come into collaboration with MasterCard to make available the world’s first watch, which is integrated with a PayPass-ready credit...

Now millions of migrant workers can send their money through their mobile phones. A global association of mobile operators has launched a programme, mobile money...

The Eropean Union today sent a warning to major credit card companies that it might take action to increase competition in the industry. Charlie McCreevy, Internal...

Interbank, the initial name for MasterCard, over a period of time breaking it shell spread all over the world. In process of establishing and strengthening its brand...

The latest buzz-phrase in the advertisement world is ‘consumer-generated content’. The response from consumer side is equally enthusiastic as increasing...