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The Latest Breaking News from Mastercard

China limits concerns on Ukraine to self-interest

While China will help Russia get around sanctions, it is more focused on problems closer to home.

Al Jazeera

NatWest to offer buy now, pay later option to customers from summer

Banking giant pledged to put safeguards in place to help ensure lending is affordable and scheme will be closely regulated

Wales Online

NatWest offering big change for customers and their money this summer

People will be able to keep track of payments and see how much they owe through NatWest’s mobile app

Nottingham Post

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NatWest to offer 'buy now pay later' option to customers

The bank said it would put safeguards in place to help make sure lending is affordable

Birmingham Post

NatWest will enter the buy now, pay later market this summer

The bank is planning on launching the new product in summer 2022 and said it will put safeguards in place to help ensure lending is affordable.

The Independent UK

This Is What Whales Are Betting On Mastercard

A whale with a lot of money to spend has taken a noticeably bearish stance on Mastercard. Looking at options history for Mastercard (NYSE:MA) we detected 22 strange trades.

Benzinga

Mastercard gears up for digital currency payment

Payments technology company Mastercard has been working closely with related parties everywhere, including Thailand, to prepare for the future of payments in which digital currencies will be a critical choice for consumers, said Aileen Chew, country manager of Mastercard for Thailand and Myanmar.

Bangkok Post

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Crypto-Friendly Banks Are Coming, But Do They Have Real Solutions?

PayPal (NASDAQ: PYPL), MasterCard (NYSE: MA), Unionbank – all these major players have already announced cryptocurrency products.

Benzinga

Amazon Classic and Platinum Mastercards to be axed affecting 800,000 Brits

Daily Mirror

This Is What Whales Are Betting On Mastercard

A whale with a lot of money to spend has taken a noticeably bearish stance on Mastercard. Looking at options history for Mastercard (NYSE:MA) we detected 25 strange trades.

Benzinga

Facebook Libra: the inside story of how the company’s cryptocurrency dream died

It had the blue-chip partners, the tech and the right players. None of which could save it

Financial Times

Mastercard And Visa To Raise Credit Card Fees For Merchants: Will Consumers Be Paying More?

Mastercard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) are planning an increase on the fees that many large merchants pay when they accept credit cards carrying the companies’ brands.

Benzinga

Real meaning behind debit and credit cards features including dots and notches

Some providers, like Mastercard, have different notch shapes for debit or credit cards

Liverpool Echo

'McDonald’s golden arches tarnished as firms put Russian profits before people'

The cynical decision by major Western firms like McDonald’s, Coca-Cola and Pepsi to carry on sales in Russia is in sharp contrast to the moral stand of more responsible businesses like M&S, Ikea, Microsoft and Mastercard

Daily Mirror

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Investors Business Daily

Dow Jones Dives As Russia-Ukraine War Raises These Fears; Apple Stock, Amazon Fall Despite Bullish Calls

The Dow Jones took a dive as the Ukraine-Russia war sent oil prices higher. Apple stock and Amazon stock fell. Visa dipped as it blocked use of its cards in Russia.

The Independent UK

Russian banks consider China UnionPay cards after sanctions

Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia over the invasion of Ukraine

Chronicle Live

Brands that have stopped trading with Russia or added restrictions due to invasion of Ukraine

Apple, Samsung, Nike, Mastercard, Visa and Ikea are among the companies that have taken action in response to war in Ukraine

Daily Mirror

Visa, Mastercard and American Express suspend payments in Russia after Ukraine invasion

Mastercard said cards issued by Russian banks will no longer be supported by its network and any card issued outside the country will not work at Russian stores or ATMs

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Tribune News Service

Russian banks turn to China as Visa, Mastercard cut business

Sberbank PJSC said it’s looking at the possibility of issuing cards using Russian payments system Mir and China’s UnionPay after Visa Inc. and Mastercard Inc. suspended operations following the invasion of Ukraine.

The Guardian - UK

Mastercard and Visa block in Russia does not stop domestic purchases

Impact of US card giants’ move diluted after local Mir payment system clarifies ban only affects foreign transactions

Daily Record

Mastercard and Visa suspend Russian operations after invasion of Ukraine

Visa and Mastercard announced suspensions in Russia on Saturday.

Wales Online

Welsh morning headlines: News, Ukraine, Covid, sport, weather and roads updates as Deputy Prime Minister says Ukraine conflict could last years

Deputy Prime Minister Dominic Raab says allies need to show "strategic stamina" to ensure Russia's Vladimir Putin fails.

Asharq Al-Awsat

Visa, Mastercard Suspend Operations in Russia

Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. "Noting the unprecedented nature of the current conflict and the uncertain economic environment," Mastercard said it had "decided to…

Evening Standard

Ukraine war: Visa and Mastercard suspend operations in Russia

It followed a call between US lawmakers and Ukrainian President Volodymyr Zelensky

Al Jazeera

Visa, Mastercard to suspend operations in Russia

Card payment giants join growing Western corporate boycott imposed on Russia since its invasion of Ukraine.

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