Credit Cards

Credit Cards
American Express, Billtrust Partner on Virtual Card Payments
April 28, 2022

American Express and accounts receivable automation firm Billtrust are working together to make it easier for suppliers to accept payments made through American Express virtual cards, the companies announced. “With this integration, suppliers will have the ability to automate and accelerate virtual card payments from...

Credit Cards
Visa: Consumer Spending Tops 2019 Levels as Cardholders Shake Off Inflation and War
April 26, 2022

For Visa, neither war in Europe nor inflation can stop the consumer juggernaut, or the continued pivot toward tap to pay.  B2B spending is on a tear, too.  By the numbers, Visa’s fiscal second quarter showed that consumers wielded their cards in force, topping 2019’s...

Credit Cards
Report: Apple Cash Taps Visa for Virtual Card
April 22, 2022

Is Apple Cash’s virtual debit card moving networks? According to a report Friday (April 22) by Mac Rumors, updated images on the Apple website indicate that the card appears to be switching from Discover to Visa. Apple Cash (formerly Apple Pay Cash) has operated via...

Credit Cards
BNPL Platform Kredivo Unveils ‘Infinite Card’
April 21, 2022

Indonesian buy now, pay later (BNPL) platform Kredivo has launched the Infinite Card, a virtual card that can be used to pay on all eCommerce and online platforms. According to a Thursday (April 19) news release, the card was launched in collaboration with Mastercard and...

Credit Cards
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in response to Russia’s invasion of Ukraine, the Financial Times reported Wednesday (April 20). Use of Visa and Mastercard was widespread...

Credit Cards
Discover Launches Customer Data Privacy Tool
April 20, 2022

Discover has launched Online Privacy Protection, a free benefit for customers to help scrub their information from 10 popular websites that collect and sell user data. As the company said in a news release Wednesday (April 20), the benefit is for Discover’s credit card and...

Credit Cards
TravelCenters of America Debuts Fleet Card Payment Program
April 18, 2022

TravelCenters of America, which operates the TA, Petro Stopping Centers and TA Express, has rolled out TA Fleet Universal, a fleet card payment program, a press release said. This card can be used at all 275 TA, Petro and TA Express travel centers and at...

Credit Cards
Four Lawmakers Ask Visa, Mastercard to Scrap Plans to Raise Fees to Merchants
April 15, 2022

U.S. lawmakers from both major parties, including Sen. Dick Durbin, D-Ill., have asked Visa and Mastercard to drop plans to increase some fees, The Wall Street Journal reported Friday (April 15). The Journal previously reported that the two payment networks planned to hike the fees,...

Credit Cards
Bread Financial Debuts Amex Cashback Credit Card
April 13, 2022

Financial services company Bread Financial launched the Bread Cashback American Express Credit Card on Wednesday (April 13), which offers consumers unlimited 2% cash back with no annual fees, no reward caps, no foreign transaction fees and no categories to manage. According to a company press...