About
Mastercard is a four-party card network run by Mastercard Incorporated of Purchase, New York. It does not issue cards or lend money: banks issue Mastercard credit, debit and prepaid cards, acquirers sign up merchants, and Mastercard authorises, clears and settles each payment between them. The same card works by chip, contactless, mobile wallet token or online checkout in more than 220 countries and territories, and the group also runs the Maestro debit and Cirrus ATM brands. For 2025 it reported 3.7 billion Mastercard and Maestro cards and $10.6 trillion in gross dollar volume. In March 2022 it suspended its network services in Russia.
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News
http://Zen.com offers merchants pay-by-bank in nine European countries through Mastercard Open Finance
http://Zen.com merchants can now accept account-to-account payments in nine European markets via a single Mastercard Open Finance integration.
Source: electronicpaymentsinternational.com (opens in a new tab)
Shopify adds seven local payment methods, Shop Pay checkout inside AI agents and free fraud tools
Shopify's Fall '26 Edition adds Alipay, WeChat Pay, GrabPay and four more methods, puts Shop Pay in AI agents and launches Shopify Protect at no extra cost.
Google Pay goes live in Nigeria with Mastercard cards from four banks, but few shop terminals take phone taps
Google Wallet launched in Nigeria on 28 October with cards from FirstBank, GTBank, UBA and Zenith Bank; Verve and most Visa cards are not yet included.
