Tagged: debit cards

Verifi Reveals that Nearly $31 Billion Is Lost Yearly to Transaction Disputes, which May Be Reduced via “Proactive Management”

Lost in Space Robot

Los Angeles based Verifi, a company that claims it has been leading the dispute management and payment protection sector for sellers and issuers since 2005, notes that in October 2019, Visa had acquired Verifi. The Verifi team points out that since the very first day,… Read More

Pakistani Online Payments Fintech SadaPay Introduces Numberless Debit Card for Seamless Digital Transactions

Islamabad-based Fintech firm SadaPay has introduced the region’s first numberless debit card. SadaPay’s management confirmed that the company’s debit card is now officially the first numberless card to be launched across all of the MENA region. The SadaPay team noted in a blog post: “This… Read More

Digital Investment Platform Uphold Set to Launch Crypto-Enabled Debit/Credit Cards Across Europe Following Optimus Cards UK Acquisition

    Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to launch crypto-enabled credit/debit cards across Europe, following its acquisition of debit ad credit card issuer Optimus Cards UK. According to Uphold, Optimus is Electronic Money Institution (EMI) regulated by the… Read More

Fintech Unicorn TransferWise to Expand its Debit Card Program with Assistance from Payments Giant Visa

UK-based Fintech Unicorn TransferWise is reportedly expanding its debit card program into many new markets after entering a worldwide deal with payments giant Visa (NYSE:V). Through the partnership, TransferWise will be connecting to Visa’s international transaction processing network (via the Cloud). TransferWise confirmed that it’s… Read More

Walgreens Joins Forces With Synchrony & Mastercard to Launch Credit/Debit Cards

  Walgreens announced on Wednesday it is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers. The retailer reported that in the coming months,… Read More

Digital Payments Fintech Remitly Explains how to Send Money Abroad Even When You Don’t Have Cash, by Using Credit Cards

Personal finance specialist Joyce Chou notes that there are ways to send money during times of need even when you might not have enough cash in your savings or checking account. Chou writes in a blog post published by Remitly, a cross-border payments service, that… Read More

Fintech Unicorn TransferWise’s Erik Kaju Reveals how Company Began Developing its Global Debit Card

Erik Kaju, Director of Engineering, Cards and Spend at Fintech firm TransferWise, notes that after the introduction of the money transfer service’s debit Mastercard back in 2018, they’ve taken the card to more than 30 countries on four different continents. TransferWise claims that more than… Read More

Contactless Payments Limit Might be Increased from £45 to £100 as Britain Could Begin Moving Away from EU Guidelines

The limit on contactless payments might be increased from the current £45 to £100 in one of Britain’s very first steps away from European Union guidelines. The upper limit on touch-free or contactless payments might be raised to £100 after the suggestion was made to… Read More

Bengaluru based Fintech Startup Walrus Is Launching Personalized Debit Card for Teenagers to Encourage Better Money Management

Bengaluru based Fintech startup Walrus is launching a personalized debit card for teenagers. The company says it wants to help teens become financially “smart” from a young age so that they are able to effectively manage their finances as they get older and have more… Read More

British Retail Consortium Accuses Mastercard and Visa of Charging Excessive Fees during COVID-19 Pandemic

Visa and Mastercard are being accused of charging “excessive” fees during the COVID-19 crisis. British retail groups are claiming that the scheme fees being charged by the payment companies have nearly doubled during the past 2 years. Retail groups in the UK have noted that… Read More

Australian Fintech DataMesh Introduces Payment System which Enables Low Cost Automatic Routing via eftpos’ Debit System

Sydney-headquartered Fintech firm DataMesh Group has introduced a payment system that enables low-cost automatic routing through eftpos’ Australian debit system. DataMesh’s new payment solution should help merchants save as much as AUD 500 million per year in transaction fees, after it has been launched across… Read More

Singapore’s UOB to Support Visa API that Lets Users Add Cards to Third-Party Apps without Using Physical Cards

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has reportedly become the world’s first lender to use a new Visa API that allows clients to add cards to third-party apps without having to carry or use… Read More

Samsung Partners with Visa, Solarisbank to Provide Virtual Debit Cards that May be Linked to German Bank Accounts

Electronics giant Samsung has teamed up with Visa and Solarisbank, a German banking platform, in order to allow residents in Germany to link their accounts to contactless mobile payments services. Customers who sign up for Samsung Pay will get a virtual Visa debit card that… Read More

Contactless and Digital Payments Continue to Rise in India while Retail Spending Nearly at Pre COVID Levels: Report

Retail spending and activity levels in India have now recovered to around 90% of pre- COVID-19 levels after dropping to around 55-65% of their average back in April 2020. The pace of the adoption of digital services across major channels has accelerated due to the… Read More

Binance Visa Cards Are Now Being Offered in Europe with Up to 8% Cashback

Binance, the world’s largest cryptocurrency exchange, will be offering Visa Cards in Europe. They will allow users to earn up to 8% cashback. The exchange said that Binance Visa Cardholders will be able to get highly competitive cashback rates, but it’s only offered to consumers… Read More

Fintech and Digital Solutions Provider Thales to Assist Commercial Bank of Kuwait with Offering Secure Contactless Payments

Digital solutions provider Thales is reportedly supplying the Commercial Bank of Kuwait (CBK) with its Gemalto Trusted Services Hub (TSH), which will allow the bank’s customers to perform secure contactless payments from their smartphones. According to a release, a tokenization process will be used to… Read More

SME Accounting and Payroll Software Provider Clear Books Integrates with Payment Processor Stripe

Clear Books, which offers accounting and payroll software to more than 13,000 SMEs, has teamed up with payment processing company, Stripe. The integration should make it easier or more seamless for Clear Books customers to take card payments, which means that businesses will be able… Read More

Dash Teams Up with Taurus.io, a Mexican Digital Asset Exchange, to Launch a Cryptocurrency based Debit Card

Dash has teamed up with Taurus.io, a Mexican digital asset exchange, in order to launch a cryptocurrency based Visa debit card in Latin American markets. The card will only be offered to Taurus’ customers in Mexico (for now). The crypto debit card will reportedly be… Read More

Banking Challenger Current, which Serves US Consumers Overlooked by Incumbents, Introduces Points Rewards Program on Debit Card Purchases

Current, an established US-based banking challenger serving Americans “overlooked” by traditional banks, revealed on August 4, 2020, that it is launching a points rewards program for all its members. Current claims that it’s now the first US mobile bank to offer points rewards on purchases… Read More

US based Digital Bank Chime Introduces Credit Builder, a Visa Credit Card that Works like a Debit Card, Only letting Users Spend Funds Available in their Accounts

US-based banking challenger Chime Financial Inc. has introduced a credit card, called Credit Builder, which aims to work somewhat like a regular debit card by allowing users to spend only the funds that are currently in their accounts. The Chime Credit Builder Visa Credit Card… Read More

Send this to a friend