The Federal Trade Commission (FTC) commanded Mastercard to stop denying other debit payment networks access to the client information they use to process payments.
In order to give merchants a choice of networks to use for a debit transaction
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Congress directed the FTC to enforce this part of the Dodd-Frank Act and prevent precisely this kind of illegal behavior.
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According to the press release, Mastercard prevented the deployment of competitor networks by exerting control over a procedure known as tokenization.
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The tokens offer added security for a cardholder’s account number and are kept in e-wallets like Apple Pay as well as Google Pay
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