Marqeta’s card issuing platform powers the recently announced Klarna Card debit card that will allow Klarna customers in the U.S. to use the same card to pay immediately or pay later, according to a Thursday (June 12) press release. The Klarna Card debit card is...
Fashion company Bonprix will implement Trustly’s account-to-account (A2A) payment solution in Finland, Sweden and Norway. With this solution, which will be implemented in collaboration with omnichannel payment service provider Computop, Bonprix aims to offer a simpler payment experience and reduce the number of abandoned purchases,...
It would be understandable to ascribe certain characteristics to the best-in-class issuers. The PYMNTS Intelligence and Visa DPS report “The Best-In-Class Modern Card Issuer: Driving Customer Lifetime Value Through Innovation” surveyed 451 executives who weighed in on what separates the best from the rest in...
When a shopper whips out their credit card to buy something online, they can feel a lingering worry: Will my card number get stolen by hackers or otherwise misused? That’s why tokenization, a process that hides your 16-digit number from a merchant and instead uses...
London-based Zilch, an ad-enabled payments technology company that provides virtual payment cards to one in seven U.K. working adults, is set to launch its first physical payments card in September. The launch of the physical card is enabled by Zilch’s new strategic multi-year partnership with Visa, which...
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the vocabulary can feel like alphabet soup. Below is a glossary that puts the main terms...
Visa A2A’s latest update, announced this morning (June 2), connects card-style buyer protections onto pay-by-bank transfers, promising U.K. consumers and merchants a safety net that the market’s open-banking rails have largely lacked. According to Visa, its A2A platform is “market-ready” for bill and subscription payments,...
Today’s consumers demand faster, cheaper and more transparent payments. The goal is to provide a familiar experience regardless of what’s happening under the hood. “Payments should just work” could be one of the overarching themes of the 2020s FinTech, banking and crypto innovation landscape. It...
Mastercard has launched a suite of digital tools, data and educational resources designed for small- to medium-sized businesses (SMBs) in the U.S. The company’s Small Business Navigator program offers small businesses “real, actionable support,” Ginger Siegel, head of small business in the U.S. at Mastercard, said in a...