Tag: Debit Cards
Mastercard banned from new card issuances in India
Mastercard accounts for 33% of all card payments in India.
American Bankers Association cites value for businesses in accepting credit cards
The study found that consumers with high subprime to low prime risk scores hold more credit cards than do people in different risk categories.
Union Savings Bank joins the contactless debit card bandwagon
According to Grandview Research, global contactless-payment transactions were worth $1.06 trillion in 2019 and were predicted – before the pandemic, at any rate – to reach $1.32 trillion this year.
Mastercard extends principal membership to cryptocurrency platform Wirex
Wirex plans to expand into issuing corporate cards to its business clients.
U.S. consumer behavior reflects debt consciousness
MasterCard has tracked the evolution of consumer behavior since the debt crisis and has identified changes in spending.