MasterCard

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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MasterCard and Samsung extend partnership in Europe for Samsung Pay

MasterCard and Samsung extend partnership in Europe for Samsung Pay

Samsung and MasterCard have been working together on Samsung Pay for about a year now. Last year MasterCard announced that it would provide tokenization services for Samsung Pay. These tokenization services allow for secure transactions and a fast connection to banks in the US. Samsung and MasterCard have now announced that they have extended their partnership in Europe.

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MasterCard plans system to approve purchases via facial scan

MasterCard plans system to approve purchases via facial scan

Credit cards are a good and bad thing for many shoppers. They prevent us from having to carry lots of cash when we shop, but they are insecure by nature making it easy or anyone who can get you number to make unauthorized purchases. MasterCard is set to begin testing a new program this fall that will approve purchases online using a facial scan.

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MasterCard goes hi-tech with Dynamics’ interactive cards

MasterCard goes hi-tech with Dynamics’ interactive cards

Although some merchants have started to incorporate the digital world into their cash flow via NFC technology, most of our cash-less transactions still use ye old magnetic stripe plastic cards. But while it might not be easily possible for merchants to upgrade on their end, that doesn't mean our cards can't be pushed forward. That is what MasterCard is trying to accomplish together with payment card developer Dynamics in this interactive payment card that has a display and buttons and can be programmed for multiple uses.

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Apple Pay contract detailed, shows who’s boss

Apple Pay contract detailed, shows who’s boss

Apple Pay might be more convenient for consumers, but what’s Apple’s angle in the whole scheme? Why do they want to offer us the ability to use their mobile payment service? Aside from the small percentage we already knew Apple was skimming per transaction, we are now getting additional news about Apple’s gain with Pay. The percentage points Apple gets are just the tip of it all, and these details show just how structured the plan is, top to bottom.

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