All articles tagged with #payment network
Originally Published 5 months ago — by mastercard.com
Mastercard clarifies that it has not evaluated or restricted any gaming content or activities on game creator sites, emphasizing that it only permits lawful transactions and requires merchants to prevent illegal purchases, including illegal adult content.
Originally Published 1 year ago — by The Associated Press
Capital One Financial has announced its acquisition of Discover Financial Services for $35 billion in an all-stock transaction, bringing together two major US credit card companies and potentially shaking up the payments industry dominated by Visa and Mastercard. The deal aims to create a competitive payments network and capitalize on Americans' increasing credit card usage and balances, despite rising interest rates and borrower defaults. The acquisition also gives Capital One access to Discover's payment processing network, but faces regulatory scrutiny and potential antitrust concerns.