Now there is a faster way to pay at Rugby World Cup 2011 and that is none other than the MasterCard PayPass.
Fans who are attending Rugby World Cup 2011 will never want to miss a moment of action with MasterCard. It is offering a faster way to pay in stadium.
It is expected that the recently concluded consent decree between the US Department of Justice and Visa & Mastercard will make the pricing better for the consumers. The decree ascertains that the anti-trust lawsuit against Visa and MasterCard gets settled.
MasterCard Inc announced that it will acquire its European rival DataCash Group Plc for a price of USD 520 million so that it can increase its e-commerce business.
MasterCard plans to purchase DataCash at 360 pence per share, amounting to USD 520 million on an average.
MasterCard will pay around £333 million to DataCash in order to sustain itself in the growing market of online payments.
DataCash is a leading UK-based payment service provider. The Company was established in 1996. It has made a unique software that enables the organisations to process secure payments online and offline sitting at any corner of the world.
In order to settle the accusations that have recently been thrown its way by the Commerce Commission, MasterCard has announced that it has changed its regulations in order to allow New Zealand merchants and retailers to impose a surcharge whenever a MasterCard card is used in their outlets.
The latest MasterCard Worldwide Index of Consumer Confidence paints a rosy picture of Australian economy for next six months, hoping that economy would grow better than expected leaving behind the worst of economic slowdown.
The survey reports robust increase in consumer confidence as the rating surged to 69.5 against just 24.1 during a period six months ago. The index above 50 reflects optimism in consumers while below 50 indicates pessimism prevailing in the business environment.