AmEx is ranked highest for customer satisfaction for the 7th year in a row; Discover is close second and Visa and MasterCard issuers are lagging far behind....
The Chinese central bank stopped MasterCard from issuing yuan-denominated credit cards in China, even though the WTO had ruled that this was breaking its rules....
MasterCard will start charging a digital wallet fee. PayPal is the main target, but will be joined by other digital wallet operators, such as Square and Google....
China UnionPay now has more payment cards in circulation than any of its rivals and is on its way to surpass Visa as the biggest card processor by volume....