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The Latest Breaking News from Mastercard

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

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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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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

The Independent UK

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

Chronicle Live

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

Daily Mirror

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.

Tribune News Service

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

The Guardian - UK

Mastercard and Visa suspend Russian operations after invasion of Ukraine

Visa and Mastercard announced suspensions in Russia on Saturday.

Daily Record

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.

Wales Online

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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.

Asharq Al-Awsat

Putin Threatens Ukraine 'Statehood' as Moscow Sanctions Tighten

Russian President Vladimir Putin threatened the existence of Ukrainian statehood as his army's invasion of the neighbor faces stiff resistance Sunday and his economy is increasingly asphyxiated by sanctions. In the latest efforts to freeze Moscow out of the world economy, US-based card payment giants Visa and Mastercard announced they…

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Dynamite News

Biden welcomes decision by Visa, Mastercard to suspend services in Russia: White House

US President Joe Biden, during a conversation with Volodymyr Zelenskyy, welcomed the decisions of Visa and Mastercard to suspend services in Russia, the White House said

Wales Online

Mastercard and Visa suspend operations in Russia after invasion of Ukraine

Visa and Mastercard had previously announced more limited moves to block financial institutions from the networks that serve as arteries for the payments system

Reuters

Biden, in call with Zelenskiy, welcomes Visa, Mastercard decisions on Russia

U.S. President Joe Biden, in a call with Ukrainian President Volodymyr Zelenskiy, welcomed decisions by Visa and Mastercard to suspend their operations in Russia, the White House said on Saturday.

Tribune News Service

Visa and Mastercard suspend their operations in Russia

Visa Inc. and Mastercard Inc. are suspending their operations in Russia, a coordinated attempt that threatens to further isolate the economy from the international community following President Vladimir Putin’s decision to invade Ukraine.

The Guardian - UK

Visa and Mastercard will both suspend operations in Russia

Transactions to be cut off after Ukrainian president Volodymyr Zelenskiy urged companies to take action

The Independent UK

Mastercard, Visa suspend operations in Russia after invasion

Mastercard and Visa are suspending their operations in Russia

The Independent UK

Visa and Mastercard suspend Russian operations amid ‘shocking and devastating’ invasion

Withdrawal of payment giants from Russian market becomes latest blow to economy

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