Tag: Advanced Payment Solution

Financial Services, Industries

UK payments regulator imposes fine on Mastercard, others for prepaid cards cartel

January 18, 2022

Via: Business Today

Britain’s payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving prepaid cards issued to vulnerable people on welfare benefits. Mastercard received the largest fine of 31.56 million […]