Skip to main content
See every side of every news story
Published loading...Updated

Mastercard’s ‘reverse ATM’ stunt comes with a hidden risk

The prepaid cards can be bought without ID and cost $5.95 each, raising concerns about possible anonymous cash conversion despite Mastercard's monitoring measures.

The payments giant is selling “limited edition” cards at the Australian Open. Some say the marketing stunt could facilitate money-laundering.

2 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Sydney Morning Herald broke the news in Sydney, Australia on Wednesday, January 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)
News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal