Tagged: amazon

Chase Reaches Co-Brand Card Extension for Amazon Prime Rewards Visa Signature Credit Card

Amazon Hub and Delivery

Chase has announced a multi-year extension of the co-branded Amazon Prime Rewards Visa Signature credit card. The extension aims to reinforce the more than 20 years-long commitment between Chase and Amazon to offer card-members the best in rewards, benefits, and customer service. Marianne Lake, co-CEO… Read More

Amazon Suspends Plans to Stop Taking Visa Credit Cards in the United Kingdom

Pembroke College Diversion Cambridge UK

Amazon (NASDAQ: AMZN) has reportedly decided to backtrack on its initial plans to stop accepting Visa credit cards in the United Kingdom. The digital commerce company had been expected to stop UK consumers from using their Visa-issued credit cards for purchases via its platform, effective… Read More

CEO of Payments Platform Banked.com Comments on Amazon UK’s Decision to Keep Accepting Visa Transactions

Road Closed Diversion Confusion UK London

As was reported earlier, Amazon UK has hit the pause button on an earlier announcement that it would stop accepting Visa for transactions in the UK. Of course, the decision to cease allowing Visa was due to the very high fees associated with using the… Read More

Amazon Decides to Continue to Accept Visa Cards in the UK, For Now

Amazon Delivery

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

Indian Neobanking Fintech Razorpay Introduces Instant Settlements for Amazon Sellers

India Money 1000 Rupee Ghandi

The team at Indian Fintech Razorpay notes that if you are running a business on Amazon (NASDAQ: AMZN), then you are probably well aware that effective cash flow can be vital to the scalability of your business. Whether your business is growing or just starting… Read More

Amazon Partners with Barclays to Allow Clients to Make Payments in Instalments in the UK

Barclays Cambridge UK

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

Amazon’s 2022 Visa UK Lockout Has Clear Motivations: Forter Exec

US Blockade Block Halt Barrier

While Amazon’s (NASDAQ:AMZN) recent decision to stop accepting Visa (NYSE:V) credit card payments in January is causing some short-term disruption, it’s a calculated move, Forter’s head of strategic partnerships for EMEA and APAC Neil Smith said recently. Beginning Jan. 19, 2022, Amazon will no longer… Read More

Mattias Tengblad: Corite Co-founder Says they’re Bringing Play to Earn Model to Music Industry

Music Tape to Tape Reel

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

Cashfree Payments Launches RBI-Compliant Tokenization Solution

Rupee Money Coin India 2002

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

Amazon’s Visa UK Snub to Hammer #2 UK Credit Card Issuer Right in the Wallet

sledge hammer

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

A Turning Point for Digital Finance? Amazon to Stop Accepting Visa Cards in the UK

Amazon Box Shipping Delivery

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

PayPal Shares Inch Higher on Earnings, Venmo/Amazon Partnership, Expanded Crypto Offerings [u]

PayPal Crypto

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

CFPB Orders Apple, Google, Amazon, Facebook, Square and PayPal to Hand Over Payments Info

CFPB Coffee Mugs

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

PCI Pal Announces Amazon Connect Integration, AWS Marketplace Availability

Amazon Delivery

PCI Pal (LON: PCIP), the international provider of secure payment services, has announced a new integration with Amazon Connect to provide its clients globally with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions. Businesses of all sizes are now… Read More

Amazon Reveals Community Lending in Partnership with Lendistry

Amazon Delivery

Amazon (NASDAQ: AMZN) has announced Amazon Community Lending in partnership with Fintech lender Lendistry. Amazon is, of course, the most popular e-commerce site in the US and many other places. Lendistry is a minority-led online lender for small businesses and commercial real estate. In a… Read More

Digital Commerce Firm Heroes, Operating in Asia, UK, EU, Acquires $200M in Capital

Digital Dollar USD Washington

Heroes, an established digital commerce firm which acquires, operates and scales “top performing” Amazon brands, reveals that it has finalized a $200 million round from US-headquartered investor Crayhill Capital Management. As mentioned in an update shared with CI, the investment round will aim to facilitate… Read More

Amazon Web Services Chosen by Sun Life as its Cloud Tech Provider, Aims to Become Cloud First Organization

Amazon christian wiediger 626856 unsplash

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), recently revealed that Sun Life (TSX: SLF) (NYSE: SLF) has chosen AWS as its Cloud tech  provider in order to become a “Cloud-first” organization, supporting ongoing innovation, and develop digital client experiences. Sun Life… Read More

Affirm Pay Over Time Services Will Soon be Available to Amazon.com Clients at Checkout

Affirm

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More

Walmart Is Looking for a Digital Currency and Cryptocurrency Product Lead

Walmart Black Friday 2018

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

Rumblings of Amazon Accepting Crypto Drive Bitcoin Higher

Amazon iPhone Bitcoin Money

Bitcoin is once again surging after tumbling below $30,000 last week. Today, Bitcoin is bouncing around $40,000 – a pretty dramatic shift in price. At the beginning of 2021, Bitcoin traded at just shy of $30,000 so last week BTC retraced all of the years’… Read More

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