Virtual Card Payments Go Mainstream in U.S.
Not only do Gen Z and millennials in the U.S. embrace virtual cards, but also older age cohorts resort to this innovative payment method if providers manage to raise proper awareness.
Not only do Gen Z and millennials in the U.S. embrace virtual cards, but also older age cohorts resort to this innovative payment method if providers manage to raise proper awareness.
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
A partnership between Canadian fintech company Nuvei and payment industry giant Mastercard will provide access to near-instantaneous payouts for businesses based in Canada.
The British fintech company Cardstream has announced the start of cooperation with Mastercard.
The first adaptive Mastercard product in Canada enables CIBC customers to maximise their shopping rewards using dynamic spending insights.
Both payment network providers, Visa and Mastercard, have almost simultaneously unveiled their initiatives to enable the future of AI-driven agentic commerce.
Mastercard introduces new end-to-end capabilities that can make stablecoin payments as seamless as everyday fiat transactions.
The Kraken cryptocurrency platform has launched a payment-oriented partnership with Mastercard.
In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.
MoneyGram has implemented Mastercard Move, a portfolio of functional money transfer solutions designed to facilitate the movement of digital money domestically and abroad.
Progressive changes in the embedded Virtual Card Number (VCN) technology by Mastercard will enable better financial interactions among banks, platforms, and corporates.
ICBA Payments and Mastercard will offer upgraded and optimised card and payment services for 1,400 community banks.
As businesses are struggling to retain customer loyalty, Mastercard suggests gaming might offer some solutions.
The payment company Unzer has launched a pay-by-bank tool in conjunction with Mastercard.
The middle market continues to draw the attention of payments and banking companies, as further confirmed by the fact that Mastercard last Tuesday, February 18, announced a package of digital and financial management tools designed for the mentioned segment.
Mastercard has begun implementing the rolling out process of digitally connected credentials, which will allow consumers to pay in several ways to choose from.
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.