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Latest News & Analysis
Retail
Visa, Mastercard Reach $30 Billion Deal With US Retailers
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
Technology
Visa, Mastercard and Amex Develop Remedy for Abandoned Online Purchases
Financial service giants have banded together to create a one-click checkout option that competes with PayPal and Apple Pay and counts Saks Fifth Avenue among its early adopters.
News & Analysis
Mastercard to Invest in Africa Online Retailer Jumia
The US credit card giant joins shareholders such as French drinks maker Pernod Ricard, MTN Group and Rocket Internet.
Global Markets
Trump Plans to End India's Preferential Trade Treatment
The US president intends to end India's preferential trade treatment which, under the GSP program, allows $5.6 billion worth of Indian exports to enter the US duty free.
Financial Markets
PayPal, MasterCard Reach Deal For Store Payments
MasterCard said it signed a deal with PayPal that will allow customers to use PayPal's payment services in stores.