Mastercard are considering removing the PAN from cards by 2030. However, they mean the printed PAN. Why the misunderstanding?
Author Archives: Payment Monkey
A short critique of the UK National Payments Vision, with emphasis on Open Banking as the UK National Payments Vision also emphasises Open Banking.
The Guardian website published this article from the Observer, which talks about unlicensed gambling websites and that this is a bit of a problem. It then tries to link Mastercard and Visa to illegal gambling sites.
I had a call from a recruiter the other day, for an opportunity, in payments. They had nothing more than a Job Title, didn’t know or understand what they were recruiting for, and were offering peanuts.
A vision statement is an aspirational statement that defines the desired future position of a company. What is a Vision Statement? The company Vision Statement defines, if you like, the “pointy bit” of the organisation, and like the “pointy bit” of a ship, its structure allows it to move forwards by cutting through its surroundings. […]
Outsourcing the payment function means retailers are better able to service their customers, leaving them free to develop their core business, or so they were told by the payment service provider salespeople.
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