MasterCard news and archive

Holiday sales grew 5.1 percent, according to Mastercard

Americans were busy shopping this holiday season. Holiday sales grew by 5.1 percent in the United States this year, amounting to over 850 billion dollars in sales across industries, research from Mastercard SpendingPulse found. This year has marked the strongest growth in the U.S. in six years. Though the report was provided by MasterCard, it...

Retail

Retail sales grew 4.9 percent over holiday season

Mastercard is reporting that Christmas sales increased 4.9 percent, setting a new record for dollars spent and marking the largest year-over-year increase since 2011, as consumer confidence continues to grow. The Mastercard SpendingPulse data covers holiday shopping from November 1 through to December 24 in the US, covering retail sales across...

RetailFeatured

Mastercard to launch 'selfie pay' in the UK

As consumers continue to embrace 'next generation of payments' whilst shopping online, Mastercard aims to launch its new facial recognition payment services, also known as 'selfie pay' in the UK. "As more choices are made available to them, the conversation has evolved and consumers seem to be fully embracing the next generation of payments"...

Retail

Mastercard to swap password protection for Selfie verification

London - Fans of the selfie will be happy to hear that Mastercard is set to begin testing new facial recognition technology that will allow users to verify and complete their online credit card transactions simply by taking a photo of themselves. The company aims to roll out a pilot programme this fall which will use facial recognition...