MasterCard

Xiaomi Pad 5 debuts alongside Mi Smart Projector 2 and Mesh System AX3000

Xiaomi Pad 5 debuts alongside Mi Smart Projector 2 and Mesh System AX3000

It may have been Apple's day yesterday, but Xiaomi is daring to claim today for its own. Not content with just announcing the Xiaomi 11T series and the affordable Xiaomi 11 Lite 5G NE, the company is showing its hand and announcing new products across the board. Taking advantage of the recent surge in tablet sales, Xiaomi is unveiling the Xiaomi Pad 5 as its racehorse in the new world order in work and personal life. It also has some new devices designed to upgrade your home life and keep you safe even when you have to buy things outside.

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Mastercard is ditching magnetic stripes: Here’s what happens to your card

Mastercard is ditching magnetic stripes: Here’s what happens to your card

For several years now, we've seen consumers and merchants move away from magnetic stripe payments with credit cards. As new payment methods - such as chip and PIN, NFC payments, and even biometric cards - become more and more prevalent, some of us are wondering when the magnetic stripe will go the way of the dodo. Mastercard has given us some indication of when that will happen, announcing that it will begin phasing out the magnetic stripe on its credit cards.

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Samsung is working on a credit card that scans your fingerprint

Samsung is working on a credit card that scans your fingerprint

Samsung today announced that it will be producing a biometric credit card that includes a built-in fingerprint scanner for increased security. This project still seems to be in the early stages, as today's announcement covers a memorandum of understanding signed by Samsung Electronics' System LSI Business, Mastercard, and Samsung Card to develop such a credit card. So, with that in mind, it's safe to say that this credit card is probably some time off.

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Samsung Money by SoFi lands in the US with a physical card and perks

Samsung Money by SoFi lands in the US with a physical card and perks

Things have come full circle in the mobile payments industry. What started out as a move away not just from cash but even from plastic has now embraced the latter again. Apple started out with a contact-less Apple Pay but eventually moved to releasing a physical Apple Card so it's not exactly surprising to hear that Samsung would be following suit. That's exactly what it did and now its Samsung Money, a collaboration with fintech startup SoFi, is finally arriving in the US to make plastic cards hip again.

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Mastercard brings an end to surprise charges after free trials [Update]

Mastercard brings an end to surprise charges after free trials [Update]

Mastercard has announced a change that'll help consumers who sign up for free trials: companies will no longer be able to automatically bill them once that trial ends. It's a common issues consumers face, one that could result in unexpected charges with no way to get a refund. Under the change, assuming the consumer signs up for the trial with a Mastercard, the company will need to get permission before they bill the user.

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Google, Mastercard allegedly had an ad-vantageous tracking deal

Google, Mastercard allegedly had an ad-vantageous tracking deal

Google has just recently taken on some heat about how it was handling, or rather misrepresenting, its location tracking options. “No” doesn’t always mean “no”, as far as the turning location tracking off. Privacy advocates, however, may have something bigger to worry about. Because according to sources familiar with the matter, Google and Mastercard inked a deal that could link online ads with what people buy in stores, allowing Google to offer advertisers deeper insight into how effective their digital ads really are.

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MasterCard will eliminate credit and debit card signatures next year

MasterCard will eliminate credit and debit card signatures next year

Pay for something with a credit card or use a debit card that is run as credit rather than debit and the odds are you'll have to sign for it. Signatures have become increasingly uncommon in the modern world, but they still exist and MasterCard wants to change that. The company announced plans to get rid of signatures altogether for transactions involving its cards, and that could happen as soon as April 2018.

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MasterCard now has a fingerprint-protected card

MasterCard now has a fingerprint-protected card

Fingerprint sensors are now everywhere. Once the stuff of science fiction and spy movies, the biometric system now unlocks smartphones, laptops, and credit cards. Yes, credit cards. That is, if MasterCard’s pilot test is successful. The financial services giant has just announced that it has kicked off test in South Africa for a “next generation” card that combines the usual chips you find in cards today with a biometric sensor that promises more secure transactions and less opportunities for fraud.

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Samsung Pay adds online shopping, in-app payments

Samsung Pay adds online shopping, in-app payments

Samsung Pay just recently celebrated its first birthday, not an insignificant feat for a mobile payment system limited to a single device vendor and very few devices. Of course, Samsung’s work is far from over. Following Google’s announcement of Android Pay supporting Visa Checkout and MasterCard’s Masterpass, Samsung is similarly boasting of new support for buying things through the mobile web. But via Masterpass only this time. In exchange for a lack of Visa support, Samsung Pay gains support for in-app payments as well as three new countries.

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MasterCard selfie payments are rolling out in the US and Canada

MasterCard selfie payments are rolling out in the US and Canada

MasterCard showed off ‘selfie pay’ and fingerprint payment technology several months ago, and now the services are rolling out in the United States and Canada. Called Identity Check Mobile, this new technology uses both biometric data varieties to authorize online payments. The idea is that using fingerprint or facial images is safer than current options, and you won’t have to remember a password to log in.

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MasterCard’s about to roll out selfie and fingerprint payments

MasterCard’s about to roll out selfie and fingerprint payments

MasterCard is about to change the way you authenticate your mobile payments, and it’ll simply require the hardware your phone (probably) already has: a front-facing camera and/or a fingerprint sensor. The company has announced a newly developed mobile technology that, once launched, will allow customers in North America and parts of Europe to authenticate their payments by snapping a selfie or scanning their finger, eliminating the need for PINS, passwords, and other more vulnerable codes.

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MasterCard wants to turn any gadget into a payment device

MasterCard wants to turn any gadget into a payment device

The number of things connecting to the Internet is growing daily. And we're not just talking about the usual culprits like PCs, smartphones, tablets, or even the so-called Internet of things. Even jewelry as well as clothes are turning into connected things as well. Trying to leverage the ubiquity of such technology, MasterCard has launched a new program that aims to turn any such object, whether they be a smartphone or a smart ring, into a device that can be used to wirelessly pay for your purchases.

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