Tagged: Payment Cards

May 13, 2024 @ 10:57 pm By Omar Faridi  |  

Payment cards remain the most preferred payment tool for e-commerce purchases in South Korea, collectively accounting for over half (54%) of the total e-commerce payments in 2023, signifying a strong preference for secure and convenient transactions among the online shoppers, finds GlobalData, a data and… Read More

March 12, 2024 @ 10:41 pm By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges in terms of trading volume, is pleased to announce the Bybit Card is now available in Australia. Issued by Flywallet and leveraging Mastercard‘s global payments network to process transactions securely, this card debits crypto… Read More

October 22, 2023 @ 3:15 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces that it has been selected by Curve, the financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from… Read More

October 18, 2023 @ 1:55 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with Scalapay, Southern Europe’s BNPL provider, “to leverage Marqeta’s platform to issue cards both online and in-store.” Marqeta and Scalapay have… Read More

October 13, 2023 @ 10:02 pm By Omar Faridi  |  

Axis Bank, one of the largest private sector banks in India and Fibe, (formerly known as EarlySalary), India’s Fintech, partnered in order “to launch India’s first-ever numberless credit card for tech-savvy Gen Zs.” With a numberless credit card, customers get “an added level of security… Read More

October 4, 2023 @ 10:20 pm By Omar Faridi  |  

Virtual cards, also known as temporary cards, are defined by the researchers at Juniper Research as “randomly generated and generally temporary card number linked to a payment account, used to process payments in lieu of genuine payment details.” A virtual card is “a payment tool… Read More

September 27, 2023 @ 2:01 pm By Omar Faridi  |  

Paymentology, the global issuer-processor, announces its partnership with Tuily, the Colombian fintech that improves expense management for small and medium-sized enterprises (SMBs) which has now enabled Apple Pay for its business customers. Launched in 2023, Tuily stands as a Colombian Fintech company “with a commitment… Read More

September 24, 2023 @ 10:19 pm By Omar Faridi  |  

Mastercard (NYSE: MA) wrote to several members of the U.S. Congress to highlight the harms the Credit Card Competition Act would “bring to consumers, businesses of all sizes and financial institutions. Today’s payments ecosystem enables consumers “to make purchases safely and securely while gaining access… Read More

September 22, 2023 @ 6:01 am By Omar Faridi  |  

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

September 11, 2023 @ 2:33 pm By Omar Faridi  |  

Recently, several reports covered an update from the WSJ regarding “credit card fees.” Unfortunately, the story is wrong, Mastercard (NYSE: MA) claims. According to Mastercard, the reporting relies upon a report “produced by an advisory firm advocating for legislation currently under consideration in Congress.” Mastercard… Read More

September 2, 2023 @ 10:11 am By Omar Faridi  |  

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

September 1, 2023 @ 10:15 am By Omar Faridi  |  

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

August 26, 2023 @ 7:39 pm By Omar Faridi  |  

Maybank introduced the myimpact credit card, in efforts “to empower its customers towards making better sustainable life choices which will impact the next generation.” The credit card, which is “made from bio-sourced polylactic acid, features a ground-breaking initiative deemed first-of-its-kind in the country, provides mechanisms… Read More

August 25, 2023 @ 11:50 am By Omar Faridi  |  

International card networks, including Visa, Mastercard, JCB, and Discover Global Network, are launching a major campaign with Alipay, the digital payment and lifestyle service platform in China, “to further enhance international visitors’ mobile payment and travel experience in the country on the 30-day countdown to… Read More

August 25, 2023 @ 8:52 am By Omar Faridi  |  

Mastercard (NYSE: MA) and digital currency exchange Binance will reportedly be terminating their four cryptocurrency card programs in the South American countries of Argentina, Brazil, and Colombia as well as Bahrain. This will be effective as of September 22, 2023, according to a representative for Mastercard… Read More

August 24, 2023 @ 10:08 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD), a global technology company, is partnering with UAE-founded spend management fintech company Qashio in order “to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.” The strategic partnership aims “to make the future of expense management cashless, transparent… Read More

August 5, 2023 @ 10:22 am By Omar Faridi  |  

In a move to further reduce its impact on the environment, Thames Technology is planning to eliminate “the use of virgin PVC from all its card production.” Thames Technology has already “been manufacturing 100% of its non-financial cards such as gift, loyalty and membership cards… Read More

June 30, 2023 @ 6:17 am By Omar Faridi  |  

Texas Capital Bank is on a mission “to harness innovation and help clients thrive. Amid an ongoing transformation in support of those goals, the firm is partnering with Extend to give clients a modern spend management platform with the power of virtual cards – all… Read More

June 19, 2023 @ 11:24 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks “a significant stride in Mastercard‘s ongoing commitment to advancing digitalization in the payments landscape throughout the… Read More

June 14, 2023 @ 7:47 am By Omar Faridi  |  

Westpac recently revealed that its new cards will be making payments more accessible for customers. Westpac has announced it is rolling out “a suite of new card designs to help make payments more accessible for blind or low vision customers.” The credit, debit and pre-paid… Read More