Banks using TSYS’ VPP now have “a powerful new spend management tool” thanks to Extend Enterprises, Inc. As noted in the update, charge volume on virtual cards is “expected to grow from $1.9 trillion to $6.8 trillion by 2026.” But perhaps more surprising is that… Read More
Mastercard announced on Monday that it and its partners, TSYS, a Global Payments company, and Extend, have introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. According to… Read More
Payments giant Visa (NYSE: V) is reportedly set to enter the emerging installment payments sector. Visa’s management said the firm is currently working with several partners on various initiatives in the US. Installment payments, where consumers at the point-of-sale are able to pay off their… Read More
TSYS (NYSE: TSS), a global payments solutions provider across the issuing, merchant and prepaid industries, announced on Monday it has entered into an agreement to acquire fintech firm Cayan in an all-cash transaction valued at approximately $1.05 billion. According to TSYS, the transaction is expected… Read More
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