Tagged: Payment Cards

January 5, 2021 @ 8:00 am By Omar Faridi  |  

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

December 20, 2020 @ 10:37 pm By Omar Faridi  |  

Digital bank Monzo, which recently scored an additional £60 million investment, has revealed that personalized cards have now arrived for US customers. The Monzo team notes in a blog published on December 16, 2020, that they’re pleased to announce that they’ve introduced their newly designed,… Read More

October 29, 2020 @ 7:57 am By Omar Faridi  |  

UK-based Modulr, a Payments as a Service API Platform for digital businesses, has introduced physical cards that are now available via its platform. The Modulr team noted: “Following popular demand, we have launched a card-issuing API, completing an end-to-end, one-stop solution for an entire card… Read More

October 23, 2020 @ 8:35 pm By Omar Faridi  |  

Melbourne-based Archa, a company providing a corporate credit card that’s “built around your business, keeping you in control,” has revealed that it was granted principal issuing membership of Mastercard. The Archa team notes: “This is a significant, mission-critical milestone for us as we continue to… Read More

October 23, 2020 @ 6:25 pm By Omar Faridi  |  

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

October 20, 2020 @ 7:25 am By Omar Faridi  |  

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

September 30, 2020 @ 9:33 pm By Omar Faridi  |  

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

September 26, 2020 @ 9:40 am By Omar Faridi  |  

Singapore-based payments platform Nium has partnered with Aspire, a neobank for businesses, in order to enable payments with Google Pay. Aspire claims that it’s the first business neobank to launch in Southeast Asia. The company announced its plans to go “plastic-less” by issuing corporate Visa… Read More

September 21, 2020 @ 8:35 pm By Omar Faridi  |  

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

September 19, 2020 @ 3:10 pm By Omar Faridi  |  

Visa (NYSE: V), the global leader in digital payments, recently published the results of its survey which aimed to assess the impact of COVID-19 on consumer behavior in Pakistan. Visa’s Stay Secure survey reveals Pakistani consumers’ general views about conducting digital transactions, their preferences and… Read More

September 4, 2020 @ 7:17 pm By Omar Faridi  |  

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

August 17, 2020 @ 6:08 pm By Omar Faridi  |  

Abu Dhabi based NymCard, a card issuing and processing platform, has reportedly been granted “in-principle” approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market. The Fintech firm aims to assist financial service providers including banks, and other financial technology companies… Read More

June 30, 2020 @ 1:35 pm By Omar Faridi  |  

Binance is reportedly preparing to enter a deal that involves acquiring a majority stake in Swipe.io, a platform for buying, selling and spending cryptocurrencies like Bitcoin (BTC), Ether (ETH), and others via the multi-asset Swipe Wallet and Swipe Visa Debit Card. If the deal goes… Read More

May 8, 2020 @ 7:46 am By Omar Faridi  |  

Sweden-based banking challenger Rocker has reportedly chosen Enfuce, a Finland-headquartered Fintech firm, as its official card issuing and payment processing partner. The move should streamline processes involving the issuance of Visa prepaid cards. The news has come after Rocker (previously operating as Bynk) introduced a… Read More

April 18, 2020 @ 11:38 am By Omar Faridi  |  

Google is reportedly planning to compete with Apple by introducing its own branded payments card. According to TechCrunch, the Silicon Valley-based multinational corporation is in the process of creating both virtual and physical debit cards. These new payment cards will be co-branded with financial services… Read More

April 14, 2020 @ 7:26 am By Omar Faridi  |  

UK-based Fintech firm STICPAY has launched a prepaid STIC card for its digital wallet solution. The new payment option will allow users to make withdrawals and spend their funds through the STIC card. The Fintech firm noted that all STIC cards have a base currency,… Read More

November 7, 2019 @ 4:21 am By Omar Faridi  |  

Hangzhou-based Alipay, a company that provides a mobile and online payments platform, has introduced a new prepaid card service for people visiting China. The card is reportedly supported by the Bank of Shanghai. The company’s announcement noted: “We heard you. You want to use Alipay… Read More