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MASTERCARD NEWS ON FASTMOVING

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Transform your brand by transforming the way you talk to consumers

Transform your brand by transforming the way you talk to consumers

24/07/2019 - 10:20
The world is transforming at an incredible pace, affecting how consumers engage with everything around them, including brands. The digital age continues to transform the way we live, shop and pay – including how and where brands show up. By redefining the way they engage with consumers, brands can establish more meaningful relationships with them. read more
Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

14/02/2019 - 10:07
According to the latest Mastercard Love Index, South Africans are willing to dig deeper into their pockets to spoil the ones they love on Valentine’s Day, splashing out on experiences like dining out and travel rather than on traditional gifts.  read more
SA consumer spend shows moderate uptick ahead of  festive season

SA consumer spend shows moderate uptick ahead of festive season

18/12/2018 - 13:58
Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse™, which looks at overall retail spending trends across all payment types.  read more
Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

Driving mobile and card acceptance among informal retailers holds the key to scaling cashless payments in SA

05/12/2018 - 09:57
Despite the majority (77 percent) of adult South Africans owning bank accounts, more than half of the total value of all consumer transactions in the country are still conducted in cash. This suggests that being formally banked may not be enough of an incentive for consumers to move away from cash. Accelerating the pace of migration from cash to digital and card payments must be a priority for catalysing economic growth.  read more
Trade wars turn up the heat on local consumers

Trade wars turn up the heat on local consumers

11/07/2018 - 09:24
South African consumers face more pain from potential global trade wars and fuel increases, global payments company Mastercard said in a statement. read more
Cautious SA consumers are spending more on Pharma goods, Mastercard survey shows

Cautious SA consumers are spending more on Pharma goods, Mastercard survey shows

14/06/2018 - 08:43
South Africans spent less on food and more on pharmaceuticals in April, according to credit and debit card issuer Mastercard. read more
£300 million sought in damages as retailers take on Mastercard

£300 million sought in damages as retailers take on Mastercard

05/06/2017 - 11:20
Retailers including a major supermarket chain are bringing legal action against Mastercard and Visa amid a processing fees row. read more
Retailers need to accept that omni-channel buying is growing rapidly

Retailers need to accept that omni-channel buying is growing rapidly

20/10/2016 - 10:21
Today's customers hop from researching products on their smartphones to viewing them in-store to ordering online without missing a beat. Technology today touches nearly every aspect of consumers' buying decisions, from researching which product to buy to paying for it. read more
Hundreds of retailers urge Congress to preserve swipe fee regulations

Hundreds of retailers urge Congress to preserve swipe fee regulations

08/09/2016 - 12:19
More than 400 U.S. retailers have signed a letter to members of Congress, urging lawmakers to preserve the so-called “Durbin Amendment” to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.  read more
 PayPal and Mastercard expand partnership

PayPal and Mastercard expand partnership

08/09/2016 - 10:13
PayPal and MasterCard announced an expansion on their existing partnership that will enhance the consumer experience making MasterCard a payment option within PayPal. It will also enable MasterPass as a payment option for Braintree merchants and expand PayPal’s presence at the point of sale. read more
NetFlorist makes online payments easy with MasterPass

NetFlorist makes online payments easy with MasterPass

09/09/2015 - 09:35
Johannesburg - NetFlorist, South Africa’s largest online floral and gifting service, has partnered with MasterCard to offer customers a more seamless, secure online shopping checkout process with MasterPass, a digital wallet service.  read more
Cash is still king with U.S. shoppers - USA

Cash is still king with U.S. shoppers - USA

29/07/2015 - 12:48
California - A new survey details what methods Americans are using to pay for goods and services — and which ones are gaining steam. read more
Costco will no longer take AmEx cards - USA

Costco will no longer take AmEx cards - USA

13/02/2015 - 10:27
New York -- In a big loss for American Express, Costco Wholesale Club will no longer accept American Express cards at its U.S. stores starting on March 31, 2016, ending a 16-year-old exclusive relationship with the credit card giant. read more
SA among fastest growing Internet economies

SA among fastest growing Internet economies

20/11/2014 - 10:55
South Africa’s digital economy is the most developed in Africa, and one of the fastest growing in the world. read more
U.K. retailers seek more antitrust damages from MasterCard - U.K

U.K. retailers seek more antitrust damages from MasterCard - U.K

30/09/2014 - 09:52
London – A group of U.K. retailers led by W.M. Morrison Supermarkets plc is reportedly seeking to extend the period for which it can claim antitrust damages against MasterCard from 2006 to 1992. According to Bloomberg, this could add as much as $1.6 billion to the damages the retailers are seeking. read more
MasterCard report: U.S. retail sales up 4.6% in July

MasterCard report: U.S. retail sales up 4.6% in July

12/08/2014 - 11:58
New York - The latest SpendingPulse report from MasterCard showed that U.S. retail sales rose 4.6% year-over-year in July, the largest year-over-year gain since October 2012. read more
 MasterCard seeks extension of agency banking to rural areas

MasterCard seeks extension of agency banking to rural areas

08/05/2014 - 11:03
Extending agency banking to rural areas of the country has been identified as a critical condition for attracting the informal sector into the banking system. read more
Visa and MasterCard form payment system security group

Visa and MasterCard form payment system security group

10/03/2014 - 07:57
Foster City, Calif. – Visa Inc. and MasterCard Inc. are teaming up to create a new group that will focus on improving payment system security. The group will include banks, credit unions, retailers and initially focus on adoption of EMV (Europay, MasterCard, Visa)-compliant card technology in the U.S. in advance of the October 2015 liability deadline. read more
SA consumer confidence drags in Africa

SA consumer confidence drags in Africa

17/09/2013 - 08:41
South African consumer confidence has improved for the second half of 2013 according to the results of the latest MasterCard Index of Consumer Confidence, released on Monday (16 September).  read more
Mastercard heads to mobile with virtual wallet

Mastercard heads to mobile with virtual wallet

26/02/2013 - 08:56
Mastercard unveiled its bid to dominate the mobile payments market on Monday with a ‘virtual wallet’ allowing customers to keep personal payment details in their phone and avoid checkouts by scanning bar codes in-store to pay. read more
Kenya: Now Equity eyes ‘kiosk’ cash with smart card plan

Kenya: Now Equity eyes ‘kiosk’ cash with smart card plan

16/01/2013 - 09:06
Equity Bank is eyeing the billions of shillings passing though kiosk and retail shops by offering a system that will allow shoppers to pay for goods without using cash. read more
MasterCard reorganises Middle East, Africa business

MasterCard reorganises Middle East, Africa business

20/04/2012 - 08:28
MasterCard on Thursday announced a new structure for its Middle East and Africa business, spurred by continuous economic development, steady population growth, a stable outlook and a large pool of young consumers entering the workplace each year. read more
Online shopping to rise with prepaid cards

Online shopping to rise with prepaid cards

29/02/2012 - 07:40
Johannesburg - South Africans who don't have access to a credit card can now shop online by using a single-use virtual prepaid card system called 1-2-Pay-Online.  read more