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NatWest Group to convert all retail and business debit cards to Mastercard
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Mastercard must be offering a good deal to these banks, Santander also went over.1
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Deleted_User said:Mastercard must be offering a good deal to these banks, Santander also went over.
https://metro.co.uk/2021/01/25/mastercard-to-increase-fees-for-uk-shoppers-buying-from-eu-13959517/
Remember the saying: if it looks too good to be true it almost certainly is.0 -
It may be cheaper for NatWest but I’ll be more expensive for retailers to process the transactions. But it does give the card tarts something to look forward to 😂1
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jackjones01 said:It may be cheaper for NatWest but I’ll be more expensive for retailers to process the transactions. But it does give the card tarts something to look forward to 😂
Please enlighten what I should look forward to.
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colsten said:jackjones01 said:It may be cheaper for NatWest but I’ll be more expensive for retailers to process the transactions. But it does give the card tarts something to look forward to 😂
Please enlighten what I should look forward to.0 -
jackjones01 said:colsten said:jackjones01 said:It may be cheaper for NatWest but I’ll be more expensive for retailers to process the transactions. But it does give the card tarts something to look forward to 😂
Please enlighten what I should look forward to.0 -
Mine has been a MasterCard for months.Mortgage started 2020, aiming to clear 31/12/2029.0
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MovingForwards said:Mine has been a MasterCard for months.1
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RBS used Mastercard Debit's forerunner Maestro until 2009/10ish - I wonder if they will be able to get going with the transition sooner than some of their rivals.
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WillPS said:RBS used Mastercard Debit's forerunner Maestro until 2009/10ish - I wonder if they will be able to get going with the transition sooner than some of their rivals.
It's a hell of a lot of background work to change systems (Visa & Mastercard use their own dedicated systems for many things such as chargebacks & cards actions) these have to be integrated into their own systems & tested. Procedures written for staff to follow etc. Can't share with other banks as each has their own systems.
Staff then have to get access to these systems & be trained on them. Then starts the process of slowly moving customers over from Visa to Mastercard.
Can't do them all at once, just in case any system issues & the fact it is not possible to issue millions of cards so quickly.Life in the slow lane0
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