Tag: Mastercard Inc (NYSE:MA)

Visa and Mastercard
March 26, 2024 BY Simon Mugo

Visa and Mastercard Reached a Settlement With Retailers To Save $30Bn

Pending judicial approval, this agreement aims to settle allegations from legal action initiated in 2005. For years, retailers have voiced grievances against Visa and Mastercard, alleging that the credit card giants imposed excessive charges on interchange fees, also known as swipe fees, whenever consumers made purchases using credit or debit cards. Furthermore, the retailers contended…

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April 18, 2016 BY Maria Nikolova

MasterCard, Western Union, bKash launch new international remittance receiving service in Bangladesh

Mastercard Inc (NYSE:MA), The Western Union Company (NYSE:WU), bKash and BRAC Bank today announce the launch of a new, international remittance receiving service in Bangladesh. The new service enables bKash’s registered customers to use their mobile phones to get remittances from abroad directly into their bKash accounts. bKash has attracted more than 22 million customers…

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January 27, 2016 BY LeapRate Staff

Markets.com doubles margin requirement on stocks during earnings season

Retail forex broker Markets.com, a unit of Playtech PLC (LON:PTEC), will be raising margin requirements from 5% to 10% for CFDs on certain US-traded stocks during the current Q4 earnings reporting season. Shares of even very liquid, well-traded equities tend to be more volatile leading up to an earnings announcement - especially year-end results, when 'surprise'…

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