As consumers started spending more in the first quarter, they were not hesitant to use their credit cards as Visa and MasterCard earnings show, with better than anticipated profits and higher transactions volume. MasterCard ...

Facebook will offer PayPal for buying ads and virtual goods, part of a strategy to make it easier for some international companies to pay on the top social media site. PayPal will also be an option for Facebook ...

Three former senior executives from MasterCard are betting that lawmakers will soon regulate legalized Internet gambling here and have set up shop to facilitate wagers as a U.S.-subsidiary for a United Kingdom payments ...

Online poker rooms and other gambling  websites were buzzing today with reports that MasterCard was blocking transactions for placing bets – a move which took some by surprise since U.S. officials last ...

A day after its dominant rival posted higher-than-expected earnings, MasterCard came in below analysts’ estimates with a 23 percent profit increase for the fourth quarter. The No. 2 card payments network saw ...

Checks totaling more than $1 billion will be mailed this week to more than a half million merchants in the final payouts from Visa and Mastercard stemming from a 2003 lawsuit settlement, said the National Retail ...

Restricting fees that retailers have to pay banks for accepting credit cards could benefit consumers “if merchants reduced prices for goods and services,” congressional auditors concluded in a report ...