Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Mastercard agrees to pay provisional competition-law fine
Fine or penalty
The UK Payment Systems Regulator said Mastercard and other card providers had agreed not to compete for local-authority contracts. The findings remained provisional; Mastercard admitted involvement and agreed to pay a fine if the regulator later decided the law was broken.
Source excerpt
The Payment Systems Regulator claims for six years, the firms agreed not to poach clients or compete for bids.
Published 31 March 2021
The findings are still provisional but Mastercard, Allpay and PFS have all admitted involvement and agreed to pay fines if in due course the regulator decides the law was broken.