Russia may face issues with Visa and Mastercard payments [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
Source : Russian media group RBC with reference to four sources from Russia's payment market and representatives of major banks, as reported by The Moscow Times Details : One of the sources mentioned that the security certificates for the chips might not align with the validity period of the cards themselves, as banks could purchase them for different periods, such as three or five years. Another source noted that the validity of these certificates was extended prior to the withdrawal of Visa and Mastercard from Russia in 2022, but now banks will independently decide whether to accept these cards for payment or not. Meanwhile, the functioning of a card depends on two banks involved in the payment chain, the issuing bank and the acquiring bank. However, some payments may stop going through regardless. "This should not affect mass transactions but could cause problems with deferred transactions, such as payments for public transport fares or offline payments, where POS terminal
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- Who's the boss? You are, under CFPB's new rule [USA TODAY]USA TODAY
- MasterCard (MA) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
- Mastercard launches new cross-border payments solution [Yahoo! Finance]Yahoo! Finance
MA
Earnings
- 8/1/24 - Beat
MA
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- MA's page on the SEC website