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MasterCard Opens Up: "No Single Wallet Will Rule Them All"
Your wallet is likely filled with plastic of all stripes: debit and credit cards from Citi or Chase or Capital One. "But in the lower right-hand corner, hopefully you have a little mark for MasterCard," says MasterCard SVP Ed Olebe. "So why don't we bring that same approach to the digital space?" Toward that end, the financial company today announced PayPass Wallet Services, an agnostic suite of tools designed to simplify the digital...  
From fastcompany.com ()
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MasterCard wants to be your mobile wallet with PayPass Wallet
On the eve of the CTIA Wireless mobile trade show, MasterCard—one of the leading credit-card companies behind fledgling mobile-wallet-payment systems (including Google Wallet)—announced its own service, PayPass Wallet. PayPass Wallet will work with smart phones that support wireless NFC (near-field...  
From blogs.consumerreports.org ()
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Digital Wallet Battle Heats Up As Visa And MasterCard Enter The Game
This week, two of the major players in the credit card industry, Visa and MasterCard launched their online digital wallet services. Known as V.me (Visa's) and PayPass Wallet Services (MasterCard), both are very similar initiatives which see the companies clamoring to become the credit card of choice for digital transactions, the way they fight today to be the credit card for all the other transactions taking place out there in the real world...  
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MasterCard Becoming a 'Much More Holistic' Company
ORLANDO — Don't call MasterCard (MA) a one-trick pony, says chief product officer Timothy Murphy. In the wake of the financial crisis, MasterCard "has really transitioned from being principally a credit card company that also did some debit to a much ...  
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MasterCard Becoming A 'Much More Holistic' Company
In the wake of the financial crisis, MasterCard “has really transitioned from being principally a credit card company that also did some debit to a much more holistic payments company,” Murphy told American Banker in an interview Wednesday. The network ...  
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MasterCard's PayPass Wallet Will Span Online, Mobile, In-store Shopping
MasterCard WorldWide announced a digital wallet on Monday that consumers will be able to use for purchases in stores, on the Web and on their mobile phones. The global credit-card company's entry into digital wallets will tie into its PayPass point-of-sale ...  
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MasterCard Survey Examines Shift Towards Cashless Society – Americans Use...
MasterCard (Photo credit: Wikipedia) This Mother’s Day, MasterCard “World Beyond Cash” Survey Finds More Americans Plan to Pay for Mom’s Gift Electronically MasterCard also announces sweepstakes for people who use “Cash Less”; to tweet this news, copy and paste http://bit.ly/IHYjRq to your Twitter handle with the hashtag #CashlessConvo PURCHASE, N.Y.--(BUSINESS WIRE)--Americans are using less cash today than they did 10 years ago...  
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Visa, MasterCard could be hurt by lower card usage
The trends are worrisome for both companies. Visa and MasterCard make money by charging processing fees, so they need people to use their credit cards more. The companies could make up some of the decline from debit card usage. But most banks ...  
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Redeem Your Citi ThankYou Rewards at the Register
Most rewards credit cards only let you redeem rewards over the phone or the internet. Citi has introduced a credit card with new technology that allows you to redeem your ThankYou rewards right at the register, just by pressing a button on the credit card. Cool, right? Learn more about the Citi ThankYou 2G Card With Request Rewards. More Citi Credit Cards Citi Simplicity MasterCard Review Citi Dividend Platinum Select MasterCard...  
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MasterCard Earnings Top Estimates As Card Transactions Grow
(RTTNews) - Credit and debit card payment processor MasterCard Inc. (MA: News ) reported Wednesday a 21 percent increase in profit for the first quarter, as strong growth in volumes and processed transactions boosted its revenues. Both earnings per share ...  
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MasterCard Shares Fall Despite Earnings Beat
MasterCard, the world's second-largest credit and debit card network, reported higher quarterly profits as consumers spent more with their cards. Net income in the first quarter was $682 million, or $5.36 a share, compared with $562 million, or $4.29 a ...  
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MasterCard: Singapore, Canada, US, Kenya And South Korea Most Ready To Adopt...
Credit card giant MasterCard is debuting a new study today, called the MasterCard Mobile Payments Readiness Index, which analyzed 34 countries and their readiness to use three types of mobile payments: person to person, mobile commerce and ...  
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Plenty of Credit Card Deals for the 1%
? Since folks have fallen back in love with their credit cards, putting $48 billion in new debt on credit cards in the fourth quarter of 2011 alone, CardHub.com?s look at the credit card landscape for the first quarter of this year is worth a peek. First the good news. Zero percent introductory offers are ...  
From news.search.yahoo.com ()
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Who needs to take an EMV credit card abroad?
Credit Cards » Who Needs To Take An EMV Credit Card Abroad? In the year since the first major issuer debuted an EMV credit card for U.S. consumers, a handful of national banks and credit unions have rolled out their own versions.  
From news.search.yahoo.com ()
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Credit-card robbers hit ATMs in 'tsunami' attacks
A Montreal-based gang has targeted banks and stores in British Columbia and across the West in a wave of credit- and debit-card crime a Vancouver Crown prosecutor describes as a "tsunami fraud," CBC News has learned.  
From news.search.yahoo.com ()
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