The technical figure Triangle can be found in the US company Mastercard Inc. (MA) at daily chart. Mastercard Inc. is an American multinational financial services corporation. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases. The Triangle has broken through the support line on 22/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 327.08 USD. Your stop loss order according to experts should be placed at 377.68 USD if you decide to enter this position.
Britain's payments regulator on Tuesday last week fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behavior involving prepaid cards issued to vulnerable people on welfare benefits. Mastercard received the largest fine of 31.56 million pounds ($43.04 million). The other companies fined were allpay, Advanced Payment Solution, Prepaid Financial Services, and Solution.
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Britain's payments regulator on Tuesday last week fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behavior involving prepaid cards issued to vulnerable people on welfare benefits. Mastercard received the largest fine of 31.56 million pounds ($43.04 million). The other companies fined were allpay, Advanced Payment Solution, Prepaid Financial Services, and Solution.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.