04 August 2015

All cards news

M&S Bank cancelled the credit card, direct debits and standing orders of a customer after mistakenly marking her dead.

Pizza Express is facing a series of demonstrations outside its restaurants by wait staff angry that the firm skims eight per cent of tips paid by card.

MasterCard has shelled out $61 million to UK supermarket chain Tesco in the first of an expected wave of settlements by card schemes over interchange fee lawsuits lodged by British retailers.

London traders have been urged to start using contactless payments as part of a £20 million fund established by City Hall to regenerate the capital's high streets.

MasterCard to connect Europe to Samsung Pay

30 July 2015  | 2 comments | 20 tweets | 16 linkedin

Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.

Stripe lands new funding; signs deal with Visa

28 July 2015  | 0 comments | 16 tweets | 18 linkedin

Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.

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