Tagged: debit cards

Bank of Ireland Credit and Debit Card Data Indicates Spending Levels Rose Nationwide Compared to 2022

Bank of Ireland credit and debit card data for the first two weeks of December revealed that spending levels rose nationwide compared to the same period in 2022. Cavan shoppers engaged in “the biggest pre-Christmas splurge, with spending in the county rising by 11% during… Read More

Eurasian Bank, Mastercard to Launch CBDC Linked Digital Tenge Debit Card

At the XI Congress of Financiers of Kazakhstan, a new central bank digital currency (CBDC)-linked debit card – the Digital Tenge Card – was presented. As a part of the 30th anniversary celebration of the national currency, the first payment transaction was “made at the… Read More

Financial Super App Curve Launches Update to Offer Protection on Debit Cards

Financial super app Curve, which consolidates all your debit and credit cards into one card and app, has just launched its first ever credit card in the UK. The new Curve credit card “has all the bells and whistles of Curve, supercharged with greater security… Read More

Fintech Highnote Expands Payment Platform to Support Consumer Credit Programs

Highnote announces the expansion of their debit, prepaid, and fleet issuing card platform to power consumer credit card products. Designed and developed by Highnote’s payments veterans, the expanded platform offers a comprehensive range of credit capabilities – “from technology that facilitates underwriting, repayment and loan… Read More

Experian Introduces New Card to Support Consumers with Becoming Debt-Free, while Building Credit

Continuing its innovation to put debt-free, credit-building power in consumers’ hands, Experian launched the Experian Smart Money Digital Checking Account & Debit Card that embeds the first-of-its-kind feature Experian Boost. Now it will be even more convenient for consumers “to use Experian’s FICO Score -boosting… Read More

Financial Super App Curve Secures Additional £58M, Bringing Series C Funding to £133M+

Curve, the financial super app that connects all your existing credit and debit cards to one single card and app, announced that it has raised an additional £58 million extension of its Series C round, bringing its Series C funding total to over £133 million…. Read More

Debit Cards Are Preferred Payment Method, Amid Rise of Point-of-Sale Payments Methods, Report Finds

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good “that they’ve used some form of digital, point-of-sale (POS) payment option in addition to cash.” According to… Read More

Nexo Supports Digital Asset Transactions via Dual Mode Capability, Featuring Debit, Credit Transfers

Nexo, the institution for digital assets, is redefining daily crypto transactions by unveiling the world’s first Dual Mode capability featuring both debit and credit. This strategic enhancement will further enrich the capabilities and user experience of the pioneering Nexo Card, released in 2022 in partnership… Read More

Digital Transactions: Mastercard Now Supports CVC-less Payments for Tokenized Cards in India

Mastercard (NYSE: MA) recently announced the introduction of Cardholder Verification Code (CVC)-less online transactions “for its debit and credit cardholders who have tokenized their cards on merchant platforms.” The move aims to “reduce the checkout time and make virtual transactions hassle-free and more secure.” CVC… Read More

Swiss Fintech Klarpay AG Introduces USD-Denominated Visa Debit Cards

Klarpay AG is pleased to announce an enhancement to its services, allowing clients to create U.S. Dollar denominated Visa debit cards “linked to Corporate USD accounts.” This offering aims “to improve the way Klarpay clients transact with popular services, which are often charged in USD,… Read More

Indian Fintech PhonePe Launches POS Solution for Merchant Partners

PhonePe announced the launch of its Point-of-sale (POS) device that enables merchants to accept payments via Debit Cards, Credit Cards and UPI, providing them with a simple and seamless settlement experience. The device comes preloaded “with the PhonePe POS App and supports transactions through tap/swipe/dip and… Read More

Metaverse Platform MaziMatic, Saitacard to Offer Crypto Debit Cards

The multi-entertainment metaverse, MaziMatic, announced its anticipated partnership with Saitacard, a virtual crypto debit card, powered by ePayme, a recognized for its tap-to-pay feature through Apple and Google Pay with a spending limit of USD 50K and no KYC. Representing a milestone in the fintech-crypto… Read More

Fintech Firm Neo Financial Launches Hybrid Neo Money Card as a Debit Card Alternative

Neo Financial is announcing the launch of the Neo Money card, expanding on the benefits of the high-interest Neo Money account with credit-like rewards when you spend. In 2022, Canadians “saw the largest increase in inflation since 1982 resulting in almost half (44%) of Canadians… Read More

Barclays Reveals that Value of Contactless Payments Is Up Nearly 50% in 2022

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More

European Payment Fintechs SumUp, Netcetera Team Up on ACS

As online purchases have soared in the last few years, so has the level of online fraud. In 2021, e-commerce fraud in the UK “jumped to GBP 1.3 billion.” As many merchants make the transition to online stores, “ensuring their transactions are protected is crucial.”… Read More

Huobi, Solaris to Introduce Crypto Debit Card in Europe

Huobi, which claims to be one of the world’s leading virtual asset exchanges, has announced a partnership with Solaris, in order “to deliver a crypto-to-fiat debit card that will enable Huobi users to spend digital assets at the point-of-sale globally.” The Visa-approved program will be… Read More

Commerzbank Choses Nets, Part of European PayTech Nexi Group, to Develop Solution for Payment Card Processing

The agreement with Commerzbank is a key milestone for the issuing solutions business of Nexi in Germany. Commerzbank has chosen Nets, part of the European PayTech Nexi Group, in order “to develop a streamlined and scalable solution for processing credit, debit, and prepaid cards which… Read More

AMBA, MOCA Financial Launch Patriot Card

The Association of Military Banks of America (AMBA), the nation’s “only” military bank trade association, in partnership with MOCA Financial, a key player in advanced digital accounts and payment processing, launched The Patriot Card, a debit card designed to provide our Veterans “a safe, flexible,… Read More

Brazil’s Nubank Expands Offer for Clients Under 18 Years Old

Nubank (NYSE: NU) announced to all its eligible customers the possibility of “opening an account with a debit card for those under 18 years of age.” The novelty, which passed through an initial phase of testing which started in June and has already “registered a… Read More

Uphold Introduces Crypto-Linked Debit Card Offering Rewards in XRP

Uphold, a digital money platform, has announced the launch of its new debit card for UK customers that pays rates of “up to 4% rewards in XRP.” Unlike other comparable cards, the Uphold Card will “not charge non-sterling transaction fees, making it ideal for travel… Read More

Send this to a friend