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Mastercard to Provide Additional Transaction Detail

By James Stevens, Brad Resweber, Sarah Hanna & Ethan G. Ostroff on February 8, 2021
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According to a recent announcement, Mastercard will begin providing customers with additional details about their purchases, such as the merchant’s name, logo, and location of purchase. Mastercard is inviting merchants to upload their logos to Ethoca, after which the logos will be linked to the corresponding transaction in digital banking applications. The service is intended to reduce transaction confusion that leads to unnecessary complaints and chargebacks that are some of the biggest points of friction in the payments industry.

Photo of James Stevens James Stevens

James Stevens provides general corporate and regulatory advice to our clients. James has substantial experience in the representation of public and private companies, including financial institutions, marketplace lenders and other FinTech and financial services companies, in mergers and acquisitions, securities offerings and regulatory…

James Stevens provides general corporate and regulatory advice to our clients. James has substantial experience in the representation of public and private companies, including financial institutions, marketplace lenders and other FinTech and financial services companies, in mergers and acquisitions, securities offerings and regulatory reporting and compliance. He often serves as the principal outside counsel for these clients.

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Photo of Brad Resweber Brad Resweber

Brad Resweber represents public and private companies in all aspects of corporate and securities transactions including mergers and acquisitions, securities offerings, SEC reporting, corporate governance and compliance matters, capital raising, business entity formations, joint ventures and general corporate matters.

Read more about Brad ResweberEmail
Photo of Sarah Hanna Sarah Hanna

Sarah Hanna is an associate in the firm’s corporate practice. Sarah received her J.D. from the University of North Carolina School of Law, where she was an Articles Editor for the North Carolina Law Review.

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Photo of Ethan G. Ostroff Ethan G. Ostroff

Ethan specializes in the defense of consumer actions, including class and mass actions, general business litigation, as well as regulatory compliance.

Read more about Ethan G. OstroffEmailEthan G.'s Linkedin Profile
  • Posted in:
    Civil Litigation, Corporate Compliance
  • Blog:
    Regulatory Oversight
  • Organization:
    Troutman Pepper Hamilton Sanders LLP
  • Article: View Original Source

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