Visa aims to be Apple’s new credit card partner, bids $100 million to replace Mastercard: Report

[ad_1] Visa has reportedly offered Apple a whopping $100 million to take over the tech giant’s credit card partnership, replacing Mastercard, reported Reuters quoting Wall Street Journal on Tuesday, citing sources familiar with the matter. Visa has made a bold push to secure the Apple Card, offering an upfront payment typically reserved for the largest…

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No CVV for payments on tokenised cards. Is your money safe?

[ad_1] The bank’s response was, however, not satisfactory. He was told that the CVV or card verification value wasn’t validated because his card was tokenised. As per the card network’s guidelines, CVV–a three-digit number given on the back of debit and credit cards–is no longer required to validate tokenised card payments, the bank said. Card…

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