Issuing bank cards in Africa, where cash and mobile money are king, is a strange sort of bet. But, for the past 15 years, the two United States payment giants Visa and Mastercard have been fighting a ...

After forming a series of high-profile partnerships with various payments service providers, China's UnionPay International has declared its plan to challenge Visa and Mastercard’s duopoly of the U.K.

SHANGHAI, June 3 (Reuters) - China UnionPay, the nation's sole bank card payments processor, said on Thursday its partner Visa International has no right to restrict the use of their co-branded cards ...

Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas after March 9, Russia's central bank said on Sunday, adding that some local lenders ...

Thunes, which claims to be the Smart Superhighway to move money around the world, announced the launch of its new Pay-to-Card solution, broadening the company’s Global Direct Network’s reach. Via this ...

Reports indicate that Russian banks are switching their business to the Chinese system UnionPay, after suspending use of Mastercard and Visa. On Saturday, Mastercard and Visa suspended their ...