Visa, MasterCard stop supporting bank cards

2014-12-29 11:15

The world's two largest credit and debit card companies, Visa and MasterCard, says they could no longer support bank cards being used in Crimea.

Retailers push into mobile payment market

2014-04-07 10:25

Big retailers are muscling in on the likes of Visa and MasterCard in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.

Visa, MasterCard resume services in Russia

2014-03-23 19:35

Visa and MasterCard have resumed services for payment transactions for clients at Russia's SMP bank, whose main shareholders were affected by US sanctions.

Big banks see rich opportunities

2013-12-09 19:11

Providing the world's poorest with access to financial products is a major growth opportunity as the market for affluent clients becomes saturated, a report says.

Consumers take on five digital personas

2013-10-03 12:07

Research has identified the five different digital personas and related distinct habits consumers take on when they go online.

SA consumer confidence lowest in Africa - index

2013-09-16 15:11

Consumers in Johannesburg are the most optimistic in South Africa, while Cape Town shows the smallest growth in confidence, according to an index.

WikiLeaks card donations flow again

2013-07-04 08:00

International credit card donations to WikiLeaks are flowing again after an Icelandic court ruling forced MasterCard and Visa's local agent to process payments.

MasterCard fees come under scrutiny

2013-04-09 20:22

A probe has been launched into MasterCard over fees for non-European cardholders, which could see it fined up to $740m or 10% of its 2012 profit if found guilty.

UK hackers jailed over PayPal attack

2013-01-24 20:49

Two computer hackers have been jailed by a London court for a series of cyber-attacks by the hacking group Anonymous that cost the US online payments giant PayPal millions of dollars.

Consumer confidence up - survey

2011-07-28 09:43

South African consumer confidence rose to its highest level since 2009, according to a MasterCard index.

Mastercard swing in to Open

2011-07-13 09:51

MasterCard has been signed up as an official global commercial partner of The Open Championship in Britain.

Google unveils pay-by-phone system

2011-05-26 18:51

Internet search giant Google has taken the wraps off its "Google Wallet" which allows US shoppers to pay by waving a phone at a check-out counter.

WikiLeaks defended by 'amateurs'

2010-12-14 12:01

The internet drama precipitated by WikiLeaks' release of US diplomatic cables has been called the first "global cyberwar", but at closer look it's really more of an amateur brawl.

Tri-Nations host cities rake it in

2010-09-09 11:53

The 2010 Tri-Nations tournament is set to contribute $175m to the southern hemisphere economy, with Johannesburg so far gaining the biggest windfall.


Cape Town consumers most optimistic, Jozi least

2014-10-29 12:00

While consumers in Cape Town have become much more optimistic, those in Johannesburg are more pessimistic, according to a consumer confidence index.

Russia plans alternative to Visa, Mastercard

2014-03-27 10:01

Russia has revived plans to develop its own card payment system to cut its dependence on Visa and Mastercard after US sanctions led to disruptions.

MasterCard suffers setback fees fight

2014-01-30 18:30

MasterCard's five-year battle to keep multi-billion-euro cross-border card fees has been dealt a blow when an adviser backed efforts to reduce such charges.

Grants increase financial inclusion - survey

2013-11-14 15:27

Since March 2012 10 million debit cards have been issued to grant recipients, following the introduction of a new grant disbursement system.

New way to secure digital payments

2013-10-02 20:00

Consumer demand for increased protection of digital payments has led Visa, MasterCard and American Express to propose a new global use of "tokens".

Shoppers go online to save, poll shows

2013-07-08 18:36

Is being a shopaholic taking a toll on your wallet or purse? A survey shows that impulsive buying is greatly reduced when shopping online so you could save more.

Firm in global ATM heist speaks out

2013-05-13 18:28

An Indian company involved in a worldwide ATM heist has acknowledged that hackers breached its security to increase the limits on some pre-paid card accounts.

Firms battle for slice of 'mobile money'

2013-02-25 19:14

Big financial groups wanting a stake in the lucrative mobile money market are tapping into innovative technology to cash in on shoppers' digital wallets.

Cellphones the new personal ATM

2012-03-04 22:41

Paying with a cellphone is gradually become a reality for consumers, with banks, telecommunications operators and internet players all jumping in to offer payment options.

WikiLeaks takes on Visa and Mastercard

2011-07-14 17:50

Corruption-busting website WikiLeaks has filed a complaint with the European Commission, saying Visa and MasterCard blocked donations to it.

Wikileaks Visa, Mastercard live again

2011-07-07 21:59

Seven months after Visa and MasterCard blocked credit card payments to WikiLeaks, donating to the whistleblower website using plastic has become possible again.

SA consumers gloomiest in years

2011-01-27 09:41

SA consumer confidence has fallen to the lowest score since 2004, a new MasterCard survey shows.

US sues credit card giants

2010-10-05 08:41

The US government has sued credit card groups, including MasterCard and Visa, claiming that they "hold consumers hostage".

Consumers downbeat on jobs, wealth

2010-06-24 11:26

Consumer confidence levels have dropped as South Africans' enthusiasm about job prospects, quality of life and the stock market wane.

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