Mastercard stories - Page 8

Airwallex held what is believed to be the biggest Series A capital raise for any Australian non-lending fintech company, backed by Asian investors.

Airwallex, an Aussie fintech, bags $13m to propel its global payment revolution, attracting heavyweights like Tencent and Mastercard.

If ordering subs from Facebook Messenger isn't a clear indicator of the advancement of civilization, then I don't know what is.

Almost half of New Zealanders expect cash to be obsolete in ten years, with mobile payments and wearables taking over.

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of 100% since 2014.

With Connect Smart Week launching today, MasterCard is encouraging Kiwis to protect themselves when shopping online.

MasterCard report shows technology is fundamentally altering the way consumers shop, travel and engage with service providers.

Kiwis are increasingly tapping into contactless payments, with 36% favouring the swift 'Tap and Go' at supermarkets, per MasterCard.

Snapchat has partnered with Square to launch Snapcash, a feature that allows uses to quickly message money to each other.

Several major banks are gearing up to release their own mobile payment apps, which could prove a major competitor for Apple Pay and competing products.

Apple is joining forces with American Express, Visa and MasterCard to offer a new smartphone payments system for the soon to be released iPhone 6.

As more Kiwis shop online, it is important that consumers are security conscious when paying for goods and services.

MasterCard and Visa signal a shift in strategy, moving towards mobile payments and the beginning of the post-card era.

MasterCard study shows Australia edging towards a cash-free future, with young, affluent men leading the mobile payment charge.

The internet giant is reported to be working with Mastercard to create a system that turns Android phones into electronic wallets.