Tagged: Payment Cards

March 15, 2023 @ 7:11 pm By Omar Faridi  |  

Wirex, a crypto payments platform, has partnered with card issuer, Novatti, to directly issue cards to Australians. The announcement has the potential “to allow over 20 million people to utilize their innovative multicurrency card every day.” Wirex claims that it “developed the world’s first crypto-enabled… Read More

March 11, 2023 @ 5:20 pm By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, has announced the launch of Binance Card in Colombia. One of Binance‘s top markets boasting high levels of crypto adoption, Colombia becomes the third country in Latin America “to support the product,… Read More

February 17, 2023 @ 8:25 am By Omar Faridi  |  

As online purchases have soared in the last few years, so has the level of online fraud. In 2021, e-commerce fraud in the UK “jumped to GBP 1.3 billion.” As many merchants make the transition to online stores, “ensuring their transactions are protected is crucial.”… Read More

January 30, 2023 @ 7:41 pm By Omar Faridi  |  

Juniper Research defines credit cards as a payment instrument which allows consumers as well as cardholders “to borrow money to pay for products and services, and make deferred payments for their purchases in exchange of monthly interest based on the amount owed.” As noted in… Read More

January 29, 2023 @ 6:32 pm By Omar Faridi  |  

The Hong Kong credit and charge card payments market is set “to grow at a compound annual growth rate (CAGR) of 3.9% between 2022–2026 to reach HKD 831.9 billion ($106.7 billion) in 2026, driven by a significant shift in consumer preferences towards non-cash payment methods… Read More

January 17, 2023 @ 10:13 pm By Omar Faridi  |  

Splitit Payments Limited (ASX:SPT), which claims to be the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, announced that Splitit and Alipay have formed a partnership “to power the ‘Pay After Delivery’ option for… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

January 14, 2023 @ 10:35 pm By Omar Faridi  |  

Huobi, which claims to be one of the world’s leading virtual asset exchanges, has announced a partnership with Solaris, in order “to deliver a crypto-to-fiat debit card that will enable Huobi users to spend digital assets at the point-of-sale globally.” The Visa-approved program will be… Read More

December 20, 2022 @ 10:04 pm By Omar Faridi  |  

Fintech firm Conotoxia has launched a multi-currency card 2.0. The new product makes it possible “to share cards with family members or company employees.” Users of the global fintech Conotoxia can now “order and share their cards with others.” Owners of the multi-currency 2.0 card… Read More

December 8, 2022 @ 11:34 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ) has reportedly integrated Mastercard Track™ Instant Pay, which is described as a next-generation virtual card solution that “uses machine learning and straight-through processing to enable instant payment of supplier invoices.” Marqeta says it will “become the first processor to integrate with Track… Read More

December 7, 2022 @ 10:51 pm By Omar Faridi  |  

What was once an innovation is today “a way of life” for millions of consumers in India. Over the last two and a half years, transactions on the UPI network have “grown by a factor of 6 as digital payments have exploded in India,” according… Read More

December 2, 2022 @ 5:54 pm By Omar Faridi  |  

A chargeback is the formal process initiated when a cardholder disputes a payment – “often leading to the cardholder being reimbursed directly by their issuing bank, which then obtains the funds from the merchant,” according to an update from Chargebacks 911. The update further noted… Read More

November 27, 2022 @ 7:27 pm By Omar Faridi  |  

Infineon Technologies AG and Fingerprint Cards AB announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey solution for “a biometric payment smart card.” The goal of the cooperation is “to make biometric smart card production as simple and easy as… Read More

November 17, 2022 @ 8:25 am By Omar Faridi  |  

American Express (NYSE: AXP) and Square (Block) (NYSE:SQ) announced “an expansion of their relationship and plans to launch a new credit card built specifically for Square sellers on the American Express network.” The new card will be “the first credit card Square offers to its… Read More

November 13, 2022 @ 11:07 pm By Omar Faridi  |  

Uphold, a digital money platform, has announced the launch of its new debit card for UK customers that pays rates of “up to 4% rewards in XRP.” Unlike other comparable cards, the Uphold Card will “not charge non-sterling transaction fees, making it ideal for travel… Read More

November 8, 2022 @ 11:07 pm By Omar Faridi  |  

AstroPay, the online payment solution of “choice” for millions of users worldwide, is pleased to launch its new product in Brazil, a Mastercard prepaid card. This move will “provide both new and existing AstroPay customers with the ability to pay in any store that accepts… Read More

October 29, 2022 @ 12:23 pm By Omar Faridi  |  

Ramp, the finance automation platform and corporate card designed to help businesses spend less, announced international capabilities “for bill payments, short-term bill financing, and employee reimbursement products.” Businesses on Ramp can now “consolidate their international and domestic spend, pay international vendors, and reimburse international employees… Read More

October 13, 2022 @ 8:21 am By Omar Faridi  |  

GoHenry, the UK-headquartered provider of a pre-paid debit card and financial education app for kids, has secured $55 million in capital in order to fund its move into new markets. GoHenry has raised growth capital on a crowdfunding platform, pursuing multiple funding rounds on Crowdcube,… Read More

October 6, 2022 @ 5:54 pm By Omar Faridi  |  

CWallet, a Qatar-based payment processing fintech startup, has teamed up with M2P Fintech, which claims to be one of Asia’s largest API infrastructure companies, in order “to enable prepaid and multi-currency cards in Qatar.” This partnership is “aimed at promoting financial technology intelligence, financial inclusion,… Read More

October 5, 2022 @ 12:35 pm By Omar Faridi  |  

Payhawk, the “fast-growing” spend management platform combining company cards, reimbursable expenses, and accounts payable in one solution, recently announced the launch of a business credit card in the UK. This new release “follows its launch of credit cards for US businesses in September this year,… Read More