The Paypers

Visa, Mastercard probed in Türkiye over competition rules violation

21 Jul 2025 / 5 min read / Fraud and Fincrime

Türkiye’s Competition Authority has started an investigation into Mastercard and Visa to determine if their scheme rules prevented payment institutions from offering services to merchants abroad.

NewsFraud and Fincrime

Breaking the Visa and Mastercard duopoly: Europe's path to innovation

09 Apr 2025 / 5 min read / Payments

The Paypers explores how Visa and Mastercard's dominance continues to shape Europe's payment landscape and the efforts to break the duopoly for a more innovative future.

Expert viewsPayments

Visa and Mastercard face UK regulatory action over lack of competition

07 Mar 2025 / 5 min read / Fraud and Fincrime

Visa and Mastercard have faced UK regulatory action over lack of competition, as card duopoly’s sharp fee increases are costing businesses GBP 170 million extra a year.

NewsFraud and Fincrime

How can consumers be persuaded to use Open Banking payments?

05 Jul 2022 / 5 min read / Fintech

Charlie Gilbert, Volt's Content Lead, explains how Open Banking payments can be made more appealing to consumers

Thought Leader InsightsFintech

Creating a level playing field in the cross-border transactions space

16 Mar 2021 / 5 min read / Payments

Gino Ravaioli, Chairman of the DCC Forum, examines why now is the time to open up the industry to greater competition

Expert viewsPayments

UnionPay launches in Canada to compete with Visa and MasterCard

22 Sep 2016 / 5 min read / Payments

UnionPay, a Chinese card services and mobile payment provider, has rolled out its services in Canada to assist Chinese tourists visiting the country.

NewsPayments

Banco Santander rolls out new payment products for SMEs

18 Jan 2011 / 5 min read / Payments

Spanish financial services provider Banco Santander has entered a partnership with international payment services provider AirPlus International to launch new corporate expense management and payment products, online media outlet dofonline.co.uk reports.

NewsPayments

New Year SEPA resolutions outlined by ECBs Gertrude Tumpel-Gugerell

02 Dec 2010 / 5 min read / Payments

Gertrude Tumpel-Gugerell, a member of the Executive Board of the ECB (European Central Bank) has revealed during a speech held at the Next Generation Cards and Payments Conference, the top five ‘New Year resolutions’ set to bring future success in the implementation of the Single Euro Payments Area (SEPA).

NewsPayments

Brazil: Santander to create card venture

15 Jan 2010 / 5 min read / Payments

The Brazilian division of Banco Santander is set to launch a venture to process credit card transactions “as the government seeks to break a duopoly in the industry and trim fees”, according to Reuters, citing a source familiar with the plan.

NewsPayments

European banks to join forces for the creation of a new debit card system

09 Jul 2009 / 5 min read / Payments

In October 2009, European banks are to form an alliance and take part in a project which aims to create a debit-card system to challenge Visa and MasterCard, according to Deutsche Bank representatives cited by Bloomberg.com.

NewsPayments

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