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0.000125088604428141 -3.96113914022546E-05 0.000719259475461724 0.000677563273985716 0.00170954426051785 0.00204311387232615 0.00426343660092557 0.0049305758245424
Stock impact report

Mastercard (MA) Scales Click to Pay to Prevent Payment Fraud [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Click to Pay is a tokenized way of transacting online, which enhances the checkout experience and security for customers. This solution is compatible with the majority of credit and debit cards in Australia, and users can avail this option by visiting MA's website. Click to Pay is expected to aid MA in combating online payment fraud in Australia. The company also partnered with Worldpay in an attempt to reduce chargebacks by offering merchants its Ethoca Alerts solution. This solution would help warn merchants to prevent a dispute from becoming a chargeback and aid in reducing possible financial losses due to fraudulent activities. Industry-wide chargeback volumes are expected to rise 42% to 337 million by 2026. Moves like this should help Mastercard provide flexible and seamless ways to prevent fraud. Per AusPayNet data, Australians lost $608.1 million in 2023 due to card-not-present frauds. Hence, MA's new solution, which eliminates the need to manually enter card details, aims Show less Read more
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