Posts Tagged “More News on MasterCard”


Market Overview

MasterCard and FiftyOne Partner for Special Offering

PURCHASE, N.Y. | MasterCard and FiftyOne Global Ecommerce today announced a partnership that will provide exclusive online shopping offers from top U.S. merchants to MasterCard cardholders outside the United States, just in time for Black Friday and Cyber Monday. International MasterCard cardholders will now have an easy way to find and redeem great deals and complete orders using local currency – without worrying about currency conversions and delays. Purchases arrive at their homes with no incremental fees.

Turkish Payment Service Provider Provus Acquired by MasterCard

NEW YORK | MasterCard today announced that it has entered into an agreement to acquire Provus Bili?im Hizmetleri A. ?. (“Provus”), Turkey’s leading independent payment solution and processing provider.


MasterCard is a card payment method that can used for purchases at point-of-sale and online. Upon checkout in an online store, the consumer selects the MasterCard button or logo, enters their card number, expiry date and CVC2 (security code at the back of the card) and completes payment. Merchants receive instant confirmation of payment. MasterCard, similar to other credit cards used online, are known to be eligible for chargebacks: the cardholder reclaiming their money due to fraud or disputes. Merchants willing to accept MasterCard online can protect their card sales by using MasterCard SecureCode, a service that verifies the genuine cardholder at the moment of purchase. Online merchants are able to accept MasterCard payments either via direct solutions like PayPal and Click-and-Buy, or via MasterCard Payment Gateways and Payment Service Providers (see below). MasterCard credit card transactions are normally charged a commission of 1-3% per transaction (differs per merchant/country).

MasterCard and Telefonica create Brazilian m-payment joint venture

MasterCard and Telefónica have announced the creation of a joint venture to offer mobile financial services for 65 million Vivo consumers in Brazil.

ATOS Worldline

Worldline [Euronext:WLN] is the European leader and a global player in the payments and transactional services industry. Worldline delivers new-generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Key actor for B2B2C industries, with 40 years of experience, Worldline supports and contributes to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organised around three axes: Merchant Services & Terminals, Mobility & e-Transactional Services, Financial Processing Services & Software Licensing. Worldline employs more than 7,200 people worldwide and generated 1.12 billion euros revenues (pro forma) in 2013. Worldline is an Atos company.

MasterCard launches mobile payments service in South Africa

NEW YORK - MasterCard has entered an agreement with South African mobile payments and financial services provider Oltio to launch a mobile payments service dubbed MasterCard Mobile in South Africa, online media outlet reports.

MasterCard PayPass Wallet: a futureproof solution driving NFC, e-commerce, m-commerce and e-invoicing payments

NEW YORK - Mastercard's digital wallet will enable mobile payments via NFC and one-click check-outs via internet, tablet and mobile


Norway E-commerce Market | Market View

Online Retail Sales in Canada up Over 24% through First Half of 2012

New MasterCard Canada SpendingPulse™ Report Demonstrates Canadian e-Commerce is the Shining Light in Retail. Impressive growth in e-Commerce, up 24.9% compared to the first six months of 2011. 


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