Tagged: Payment Cards

Coinbase Business and One Card to Enhance Crypto Transactions for Businesses and Consumers

In a move to bridge traditional finance (TradFi) and Web3, Coinbase (NASDAQ:COIN) announced two transformative updates: the introduction of Coinbase Business, a comprehensive financial platform for startups and small businesses, and the Coinbase One Card, a metal credit card offering up to 4% Bitcoin back… Read More

Pix and Payments Cards Dominate as Brazil’s Preferred Payment Instruments

In 2024, Brazil’s payment landscape underwent a significant transformation, with Pix and cards emerging as the most widely used payment instruments, according to a recent report from the Banco Central do Brasil (BCB). This shift highlights the country’s rapid adoption of digital and instant payment… Read More

payabl. Introduces Virtual Business Cards to Enable Smarter Business Spending

European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending. Virtual cards are a digital alternative “to physical credit or debit cards, offering real-time issuance, customisable limits,… Read More

Fintech Venture In-Solutions Global (ISG) and Bank of Baroda UAE to Launch Jaywan Cards

JP Morgan-backed Fintech venture, In-Solutions Global (ISG), has partnered with Bank of Baroda UAE to launch Jaywan Cards in the UAE. This collaboration reinforces ISG’s commitment to “enabling localised, secure, and cost-effective payment solutions for banks and consumers in the region.” The introduction of Jaywan… Read More

Fintech FIS Teams Up with Kipp to Prevent Card Declines, Unlock Revenue for Debit Issuers

FIS (NYSE: FIS), a global firm focused on financial technology, announced a strategic partnership with Letskipp Ltd. (Kipp), a collaboration platform for card issuers and merchants, to introduce a non-sufficient funds (NSF) authorization solution to its debit clients. This offer is designed to combat the… Read More

Thailand Credit and Charge Card Payments Market to Surpass $65B This Year – Report

Thailand’s credit and charge card payments market is projected to reach THB2.3 trillion ($65.6 billion) in 2025, reflecting a growth of “7.1% compared to the previous year,” driven by the adoption of digital payment solutions and a shift in consumer behavior towards cashless transactions, according… Read More

Thames Technology Introduces Biodegradable NFC Prepaid Paperboard Cards

Thames Technology has reportedly launched a “fully recyclable” and biodegradable NFC prepaid paperboard cards. As explained in a blog post from Thames Technology, these cards are fully recyclable and biodegradable NFC prepaid paperboard cards developed in collaboration with Holmen Board & Paper and CCL Oomph…. Read More

Payment Cards Still Most Preferred Payments Method for Digital Commerce Transactins in South Korea – Report

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

Crypto Payments: Bybit Card Now Available in Australia

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

Canadian Fintech Nuvei Corporation Selected by Curve to Provide Alternative Payment Methods

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

BNPL: Marqeta, Scalapay to Deliver Buy Now Pay Later Services Across Europe

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

Indian Fintech Fibe and Axis Bank to Launch Numberless Credit Card

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

Virtual Cards to Be Used in Billions of Transactions in Coming Decade, Adoption Accelerated via API Issuing Platforms – Report

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

Paymentology, Tuily Support Apple Pay for SMB Credit Cards in Colombia

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

Mastercard Responds to Congressional Letter on Credit Card Competition Act

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

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

Mastercard Says It’s Not Raising Interchange Rates or Network Fees in the US, Despite Reports Claiming Hikes in Fees

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

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

Malaysia: Maybank Introduces Values-based myimpact Credit Card

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

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