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⚡️Mastercard Network Tokenizes Nearly Half of All Transactions in Europe Paid Members Public
⚡️Mastercard Network Tokenizes Nearly Half of All Transactions in Europe This achievement should be considered within the framework of the strategy announced last year, which aims to completely eliminate the manual entry of card data by 2030. ➡️Currently, Mastercard’s point-of-sale tokenization (SCOF) operates in 45 European countries. This initiative
🎉Brazil🇧🇷: The long-awaited Pix Automático has been launched Paid Members Public
🎉Brazil🇧🇷: The long-awaited Pix Automático has been launched Thanks to this new feature of Brazil’s instant payment system, recurring payments are no longer limited to credit card holders. Now, 60 million Brazilians who don’t use credit cards will also have access to this benefit. ➡️Pix Automático is available
☠️Russia🇷🇺: The State Duma approves in the third and final reading the law on criminal liability for "drops" Paid Members Public
☠️Russia🇷🇺: The State Duma approves in the third and final reading the law on criminal liability for "drops" The regulation is already in force. The law amends Article 187 of the Russian Federation’s Criminal Code (illegal circulation of payment means), establishing that this offense can be punished
⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy Paid Members Public
⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy The requirement was introduced to combat fraudulent transactions targeting individuals with reduced mobility. However, banks have been unable to implement the protocol—known as the “second hand service”—within the established timeframe.
🎉The time has come: PayPal launches the physical PayPal Credit card Paid Members Public
🎉The time has come: PayPal launches the physical PayPal Credit card The card can be used online (anywhere that accepts PayPal payments) and in physical stores (anywhere that accepts Mastercard), and it can also be added to your mobile wallet. ➡️The card is issued by Synchrony Bank — the same bank
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes Paid Members Public
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes In total, 800 million of these operations were carried out in the country, amounting to 1.1 trillion rubles. ➡️ At the same time, the overall number of cashless transactions—including QR codes, biometrics, e-wallets,
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Paid Members Public
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Nurbank and Home Credit Bank have resumed issuing cards to non-resident clients, responding to continued demand from citizens of Russia🇷🇺. ➡️Background: Earlier this year, several Kazakh financial institutions announced a suspension of this service for foreigners. Later, Halyk Bank, Kaspi Bank,
👀Where is the digitalization of payments advancing the fastest in the world⁉️ Paid Members Public
👀Where is the digitalization of payments advancing the fastest in the world⁉️ According to the World Economic Forum (WEF), the fastest-growing real-time payments market in the world is in the Middle East. ➡️Outlook: In 2022, the total value of real-time payments in the region reached USD 675 million. By 2027,