Updates

MasterCard Statement on Decision of the UK Competition Appeal Tribunal

July 14, 2016/MasterCard MasterCard today commented on the UK Competition Appeal Tribunal ruling in the Sainsbury’s Supermarkets case. “On first look, we are grateful that the court found that significant benefits flow to both retailers and cardholders from interchange in the UK.  What’s interesting is that the court concluded that […]

Naira tumbles to 360 as dollar supply dries up

July 14, 2016/Punch By Oyetunji Abioye The naira fell to 360 against the United States dollar at the parallel market on Wednesday as the supply of the greenback waned at the foreign exchange market. The local currency had closed at N354 against the greenback on Tuesday. The naira has been […]

McDonald’s, MasterCard Announce Three-Year Strategic Collaboration Across Middle East, Africa

July 13, 2016/MasterCard UAE is one of the key regional markets where collaboration will take effect  UAE 8 March, 2015–MasterCard and McDonald’s today announced a strategic collaboration to introduce innovative electronic payment solutions at McDonald’s restaurants in UAE and across other key markets in the Middle East and Africa. The announcement, […]