Mastercard users around the world reported not to be able to make early online or personal payments early on Sunday morning.
Hundreds of people in no fewer than 65 countries – including the United States, Japan, Italy and Australia – all have experienced a loss of services for a short but disturbing period, according to Down detector, a website that catalogs real -time reports of problems and malfunctions.
MasterCard told Fox Business that there was a malfunction in the field of transactions that has since been resolved.
'There was a period earlier today in which some Mastercard transactions were refused. The situation is resolved and all systems work normally, “Seth requirements, senior vice president communication, said in a statement.
Dailymail.com approached Mastercard for more comments.
There is no indication of what the malfunction, the scale of the problem or that the debit cards, credit cards or both has influenced.
A French user on X claimed that the Glitch Apple Pay and Google Pay influenced, plus physical cash machines.
Ukrainians in particular have registered most reports of bank -related problems this morning, according to Interfax Ukraine.
MasterCard confirmed reports that there was a problem with his payment systems, and added that the problem has been solved since then
According to various social media reports, the inability to pay has reportedly affected both users of Visa and Mastercard.
Privatbank, the largest bank in Ukraine by assets, issues maps with both payment processors.
Dailymail.com approached visa for comment.
Visa Last experiences a large -scale malfunction in June 2018, when millions of people throughout Europe could not buy anything with visa cards.
Despite this recent bump for Mastercard, the payment giant reported a strong income from the fourth quarter.
The company, which is generally smaller than visas in terms of transaction volume, saw 16 percent growth in the net turnover year after year, a performance guiding guides that are largely due to resilient consumer spending.
“The macro -economic environment continues to perform well and is supported by healthy consumer spending,” said Michael Miebach, CEO of Mastercard, on a profit call of January 30.
'The labor market is strong with low unemployment and continuous wage growth. Inflation has been moderated, but to varying degrees in categories and countries. Consumers remain engaged, “he added.
One of MasterCard's biggest headwind is Capital One's acquisition of Discover, a rival payment network.
As Mastercard is currently Capital One's chosen payment processor, the company loses hundreds of millions of dollars in annual income if it is used instead.
