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Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
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Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
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American Express Plans Footprint in Metaverse and NFT Sectors, Files for Trademarks
American Express is planning to join its contemporaries — Visa, JP Morgan, and Mastercard in foraying into the web3 sector. The company has filed for trademarks around its plans to enter the metaverse and NFT zones. The New York-based company also plans to bring an NFT marketplace, its filing suggests.
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Visa Moves to Allow Payment Settlements Using Cryptocurrency
Visa said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
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Facebook’s Libra Currency Abandoned by eBay, Mastercard, Visa, Stripe
Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency.
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Visa, Mastercard To Back Facebook's Cryptocurrency Libra: Report
Visa, Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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Facebook's Cryptocurrency-Based Payments System Gets Big Backers: Report
Facebook has enlisted more than a dozen companies including Visa, Mastercard, PayPal Holdings and Uber Technologies to back its new cryptocurrency.
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RBI Said to Be Sticking With Plan to Force Payments Firms to Store Data Locally
The RBI in April said all payments data should within six months be stored only in the country for "unfettered supervisory access".
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US Tech Firms Said to Be Planning to Fight Government's Data Localisation Efforts
US trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.
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US Firms Said to Face Off With Indian Rival Paytm in Lobbying Data Storage Rules
The tussle between Paytm and other companies highlights the fierce competition that has gripped India's crowded digital payments market.
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India Proposes Easing Local Data Storage Rules for Foreign Payment Firms
Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India's data onshoring move.
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Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
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PayPal, MasterCard Reach Deal for Store Payments
PayPal's partnership follows a similar deal with MasterCard's larger rival Visa in July as the company looks to expand its payments network.
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Visa, MasterCard Stop Supporting Bank Cards in Crimea
The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc, said on Friday they could no longer support bank cards being used in Crimea, following US sanctions imposed earlier this month.
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MasterCard probes possible cardholder breach
MasterCard says it is investigating a potential security breach of its cardholders' account information. The credit card company said on Friday it has notified law enforcement agencies and issuers of the MasterCard accounts that are potentially at risk. The credit card company only processes transactions - the credit cards are issued to cardholders...
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Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
-
Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
-
American Express Plans Footprint in Metaverse and NFT Sectors, Files for Trademarks
American Express is planning to join its contemporaries — Visa, JP Morgan, and Mastercard in foraying into the web3 sector. The company has filed for trademarks around its plans to enter the metaverse and NFT zones. The New York-based company also plans to bring an NFT marketplace, its filing suggests.
-
Visa Moves to Allow Payment Settlements Using Cryptocurrency
Visa said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
-
Facebook’s Libra Currency Abandoned by eBay, Mastercard, Visa, Stripe
Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency.
-
Visa, Mastercard To Back Facebook's Cryptocurrency Libra: Report
Visa, Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
-
Facebook's Cryptocurrency-Based Payments System Gets Big Backers: Report
Facebook has enlisted more than a dozen companies including Visa, Mastercard, PayPal Holdings and Uber Technologies to back its new cryptocurrency.
-
RBI Said to Be Sticking With Plan to Force Payments Firms to Store Data Locally
The RBI in April said all payments data should within six months be stored only in the country for "unfettered supervisory access".
-
US Tech Firms Said to Be Planning to Fight Government's Data Localisation Efforts
US trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.
-
US Firms Said to Face Off With Indian Rival Paytm in Lobbying Data Storage Rules
The tussle between Paytm and other companies highlights the fierce competition that has gripped India's crowded digital payments market.
-
India Proposes Easing Local Data Storage Rules for Foreign Payment Firms
Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India's data onshoring move.
-
Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
-
PayPal, MasterCard Reach Deal for Store Payments
PayPal's partnership follows a similar deal with MasterCard's larger rival Visa in July as the company looks to expand its payments network.
-
Visa, MasterCard Stop Supporting Bank Cards in Crimea
The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc, said on Friday they could no longer support bank cards being used in Crimea, following US sanctions imposed earlier this month.
-
MasterCard probes possible cardholder breach
MasterCard says it is investigating a potential security breach of its cardholders' account information. The credit card company said on Friday it has notified law enforcement agencies and issuers of the MasterCard accounts that are potentially at risk. The credit card company only processes transactions - the credit cards are issued to cardholders...
