Home › News ›

MasterCard to Allow Card Purchases Based on Location

Feb 25, 2014, 12:24 PM by Eric M. Zeman

MasterCard today announced a new program that will use customers' cell phone location data to help determine if it should or shouldn't approve purchases. The opt-in program is meant for travelers who often visit other countries. Customers register their cell phone number with the program and allow MasterCard to track the location of their phone. If the customer travels to another country and activates their registered phone in that country, MasterCard will approve transactions made there. The program does not actually facilitate mobile payments through cell phones, but ties consumers' phone number and location to their credit card. MasterCard believes it will help prevent fraud, as well as offer travelers peace of mind in knowing that when they need to make purchases abroad, their card won't be declined. MasterCard also sees it as an opportunity to offer targeted offers. Syniverse is providing the location data to MasterCard.

Dec 1, 2021
Qualcomm will make a big push to bring high-speed mmWave 5G to more affordable phones in 2022, according to comments made by CEO Cristiano Amon during a Q&A session at the company's Snapdragon Summit event in Hawaii today. For a phone to support mmWave 5G, multiple specialty antenna modules need to be added, which can raise a phone's price by $50 – 100.

South Korea Passes Major New Law Targeting In-App Purchases

Aug 31, 2021
South Korea's National Assembly has passed a new law that will require Apple and Google to open up in-app purchases to third-party payments. Apple and Google currently require the use their own payment systems for in-app purchases, from which the companies extract a cut of up to 30%.

Verizon Tweaks Plans, Adding True Unlimited + More Hotspot Data

Jan 5, 2022
Verizon has made a handful of changes to its unlimited plans, giving some customers a better value. The basic structure and pricing remain unchanged, but some plans now come with more data.

Google Making Maps Location History Private, Even from Police

Dec 15, 2023
Google is changing how Maps stores your location history, moving it on-device by default and encrypting it when saved to the cloud. This change means even Google can't access that data, which also means Google will no longer be able to respond to "geo-fence" warrants from police wanting to know who was in a given area at a given time.

Apple Refines Anti-Stalking Features of AirTags

Feb 10, 2022
Apple is making a number of tweaks to the Find My system that powers AirTags. Specifically, Apple is aiming to improve the various features designed to prevent AirTags from being used to stalk people or track other people's belongings without their permission.

more news about:

Comments

This forum is closed.

This forum is closed.

kingstu

Feb 25, 2014, 1:08 PM

Scheme to collect more personal data

They want you to use your data plan so they can target ads (coupons) to you as well as sell you prepaid data for roaming. It discourages the use of a local SIM which reduce roaming rates for data, SMS and voice calls. There are cheaper and easier ways to "check in" when you traveling abroad to verify purchases instead of tracking you everywhere you go whether you are making credit card purchases or not.

johnhr2

I still find it easier when leaving my normal area, for vacation or work, to call or go to the website and tell the card holder (bank, credit union, etc) that I plan on going to x country or state via x transportation for x amount of days so expect e...
(continues)

Page 1 of 1