Mastercard says it is expanding its payments partnership with Uber. The new agreement, announced Thursday (July 24), will see Uber employ several Mastercard solutions, including Mastercard Move for facilitating real-time disbursements, and Mastercard One Credential, designed to simplify the payment experience and offer greater payment choice. Uber will also...
Global commerce platform WEX and energy firm bp partnered to launch a fleet card. The card can be used for fuel and vehicle-related products and services anywhere WEX and Mastercard are accepted, according to a Thursday (July 24) press release. It also provides fuel rebates...
Credit card startup Imprint is launching a co-branded card with eCommerce platform Rakuten, CNBC reported Tuesday (July 22). Imprint bested banks in a bidding process for the card, a sign of the company’s traction in a space dominated by the likes of JPMorgan Chase and...
Watch more: Credit Options Help Brands Keep Customers Returning Despite Economic Volatility Consumer sentiment and shifting spending patterns mean that merchants, issuers and traditional credit are facing challenges. The expansion of co-branded credit card options to the non-prime consumer segment introduces a pathway to credit...
The Federal Deposit Insurance Corp. (FDIC) processed a surge in consumer complaints in 2024, with credit cards being the most frequently cited product and credit reporting disputes being the most common issue. The agency’s National Center for Consumer and Depositor Assistance, Consumer Response Unit (CRU),...
Capital One Financial has reportedly entered a “new era” after completing its acquisition of Discover Financial Services. With the acquisition, Capital One grew in size and added a debit and credit card network, which could “supercharge” its banking and card businesses, The Wall Street Journal...
PYMNTS Intelligence has long tracked the rise of the Click-and-Mortar™ shopper, the tech-savvy individual who traverses eCommerce and in-store shopping armed with mobile devices. The blurring of channel lines has been paving the way for platforms — eCommerce platforms, especially — to make inroads into...
The card issuing sector doesn’t just rely on convenience and security. Customer lifetime value (CLTV) is the space’s currency. However, that currency is in the middle of a paradigm shift. The PYMNTS Intelligence report “The Best-In-Class Modern Card Issuer: How Diversity and Data Separate the...
Credit cards remain a central payment instrument for consumers, and their appeal is intrinsically linked to the rewards, offers and benefits they provide. In the PYMNTS Intelligence report, “How Consumers Decide Which Credit Card to Pay With,” 500 CU executives told us that consumers hold...