{"id":31740,"date":"2023-01-31T04:45:39","date_gmt":"2023-01-31T04:45:39","guid":{"rendered":"https:\/\/dailytalks.org\/?p=31740"},"modified":"2023-01-31T04:45:39","modified_gmt":"2023-01-31T04:45:39","slug":"ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=31740","title":{"rendered":"FTC orders Mastercard to open debit transactions to competing payment networks"},"content":{"rendered":"<p>The Federal Trade Commission has ordered Mastercard to start providing competing payment networks with the information they need to process debit card payments. In a proposed enforcement action announced on Friday, the FTC said Mastercard had allegedly violated a provision of the Dodd-Frank act known as the Durbin Amendment by prohibiting merchants from routing transactions over alternative networks.The action targets \u201ctokenization,\u201d the technology that underpins mobile payment applications like Apple Pay&#8230;<br \/><a href=\"https:\/\/www.engadget.com\/ftc-orders-mastercard-open-debit-transactions-competing-payment-networks-234358951.html?src=rss\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Trade Commission has ordered Mastercard to start providing competing payment networks with the<\/p>\n","protected":false},"author":1,"featured_media":31741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-31740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-scaled.jpg",2560,1631,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-150x150.jpg",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-300x191.jpg",300,191,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-768x489.jpg",640,408,true],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-1024x652.jpg",640,408,true],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-1536x979.jpg",1536,979,true],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-2048x1305.jpg",2048,1305,true],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-1024x652.jpg",1024,652,true],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-825x575.jpg",825,575,true],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31740-ftc-orders-mastercard-to-open-debit-transactions-to-competing-payment-networks-590x410.jpg",590,410,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=35\" rel=\"category\">Tech<\/a>","tag_info":"Tech","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/31740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31740"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/31740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/media\/31741"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}