U.S. President Joe Biden presented a proposal to significantly reduce the overdraft fees that banks charge consumers, calling these current fees an "exploitation" of the country's most vulnerable families.
Under the proposed new rules, fees will be reduced by preventing banks from applying hidden…
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cards
Binance begins to move away from card operators
In an unexpected twist, Binance Card holders in Latin America were surprised this week with the announcement of the final closure of the cryptocurrency card in collaboration with Mastercard.
Although none of the parties involved has…
Bancamiga Móvil begins its journey banking more Venezuelans
Bancamiga Móvil begins its journey throughout the country to bank more Venezuelans. From May 18 to Tuesday 23, Bancamiga will be present at the Petare Metro station, in Plaza El Cristo (roundhouse) and in the Giorgio building (Centro…
Visa will no longer have a card with FTX
The Visa payment processor recently announced that it will no longer continue with the agreement it had with the FTX exchange regarding the launch of a physical card with an emphasis on Latin America, due to its current situation.
The…
Apple Pay is already available in Peru and Argentina
The mobile payment platform of the American company Apple Pay is officially available in Peru and Argentina and will be competing directly with different locally developed virtual wallets such as MercadoLibre's MercadoPago, Ualá, Modo and…
American Express suspends its services in Russia
American Express announced the suspension of its services in Russia, thus joining the measures already applied by the Visa and MasterCard platforms.
"In light of Russia's continued and unwarranted attack on the people of Ukraine, American…
Alliance between Coinbase and Mastercard will allow to buy NFT
The cryptocurrency trading platform, Coinbase, and the financial services multinational, Mastercard, are developing a commercial alliance with the purpose of making it easier for users to purchase non-fungible tokens (NTF) and pay them with…
Belo and MasterCard launch cryptocurrency card
Through a collaboration between MasterCard and Belo, a prepaid card will be launched which will allow users to have their funds available in cryptocurrencies in physical or virtual stores.
In the same way, the possibility of consuming all…
Peru inaugurates crypto minimarket
The world is currently experiencing the cryptocurrency boom. The economy and finance is facing an increasing adoption of payment systems with bitcoin, dash, litecoin, ethereum, ripple and other cryptographic currencies.
Peru is inserted in…
USA could block Visa and Mastercard operations in Venezuela
The government of Donald Trump in the United States intends to prohibit Visa and MasterCard companies and other financial institutions from processing transactions in Venezuela.
This was stated by a US official who asked to remain…