MasterCard supports online card payments

Financial services company MasterCard Polska has launched a program aimed at boosting on-line payments by debit and credit cards. The company has earmarked PLN 4 million this year for the project. Under the MasterCard's program, participating e-stores will receive 0.6 percent of the total amount of the transaction made with one of the MasterCard products (MasterCard, Maestro or MasterPass). Currently, only 7 percent of on-line transactions are processed by credit and debit cards in Poland.”Nowhere in the world the number of on-line transactions paid by cash is as huge as in Poland. We want to change it,” Bartosz Ciołkowski, CEO of the Polish branch of MasterCard Europe, said during a press conference. The program will be continued in 2016, however the sum earmarked for the next year is yet to be announced.