pymnts Profile:
Visa Inc. (NYSE: V)
Visa Inc. (/ˈviːzə/ or /ˈviːsə/) (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States.
Airbnb’s Business Travel Investment Leads B2B Funding For The Week
April 19, 2019
The big news in B2B FinTech investment this week came from Airbnb, which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex ... Read moreWhy Grab Built Its Ecosystem Around Drivers
April 19, 2019
Ankur Mehrotra, managing director and head of financial services for Grab, still gets emotional when talking about the drivers and their dreams of owning cars. Not exactly in a tearful ... Read moreDunkin’ Tests Multi-Tender Loyalty Program
April 18, 2019
To give members of its rewards program more options to earn points, Dunkin’ is experimenting with multi-tender participation in its DD Perks Rewards Program at over 1,000 stores. Through the ... Read moreNewly Funded Airbase Consolidates Spend Management
April 18, 2019
Airbase, a spend management company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology.
According to reports, First Round Capital led a ... Read moreVisa, Wave Team To Bring Instant Payouts To Micropreneurs
April 18, 2019
“When do you want to get paid?” It’s a basic question that — when posed to anyone, particularly, a small business (SMB) — most always has the same answer, no ... Read moreUK Bank NatWest Introduces Biometric Payments
April 17, 2019
U.K. bank NatWest has announced a biometric payment technology for its commercial and business customers.
The new development will allow for customers to make payments through an app using Apple’s ... Read moreUber Eats Now Supports Apple Pay
April 17, 2019
Uber announced on Wednesday (April 17) that it is adding Apple Pay to its popular Uber Eats app, according to reports. Customers who want to use the payment option can ... Read moreAs PSD2 Looms, SCA Waits In The Wings
April 17, 2019
Across the pond, eCommerce is about to weather a sea change that begins in September. PSD2 is almost here, and with it Strong Customer Authentication (SCA), which governs online checkout ... Read moreBilltrust Collections Solution Aims To Crack Late Payments Problem
April 16, 2019
Collections will never be the most beloved part of a business’ payment lifecycle – because in an ideal world, they wouldn’t exist, and buyers would pay suppliers on time in ... Read moreDigital Payments Help Rebuild Notre Dame Cathedral
April 16, 2019
After much of Chicago burned to the ground in 1871, rebuilding the city involved various fundraising and restorative strategies. One famous effort took the form of donated books sent from ... Read more
Why Grab Built Its Ecosystem Around Drivers
April 19, 2019
Ankur Mehrotra, managing director and head of financial services for Grab, still gets emotional when talking about the drivers and their dreams of owning cars. Not exactly in a tearful ... Read moreBilltrust Collections Solution Aims To Crack Late Payments Problem
April 16, 2019Collections will never be the most beloved part of a business’ payment lifecycle – because in an ideal world, they wouldn’t exist, and buyers would pay suppliers on time in ... Read moreDigital Payments Help Rebuild Notre Dame Cathedral
April 16, 2019After much of Chicago burned to the ground in 1871, rebuilding the city involved various fundraising and restorative strategies. One famous effort took the form of donated books sent from ... Read moreCross-Border Payment Efforts Look To Blockchain And Beyond
April 3, 2019Banks and FinTechs have set their sights on cross-border payments, looking toward speeding up consumer and B2B payments while lowering costs. From Thailand to Canada, from Ripple to SWIFT, blockchain ... Read moreWells Fargo Rolls Out Contactless Credit, Debit Cards
April 2, 2019Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards.
In a press release, Wells Fargo said the new cards will enable customers to complete transactions ... Read moreWhy ‘Play Ball!’ Means So Much For Payments
March 29, 2019Another baseball season has started, much to the delight of many consumers, including those insufferable and pretentious fans who consider football something that happens between the World Series and spring ... Read moreApple Pay’s Broadway Debut
March 29, 2019Ticketing platforms for Broadway shows and other theatrical productions have long sought to reduce friction at checkout for their customers. TodayTix, for instance, launched in 2013 with the aim of ... Read moreAlabama Debuts Smart Utility Payments Program
March 28, 2019It started, arguably, with mass transit, though with many bumps along the way, as the problems are slowly being solved while still bedeviling many cities. But transit will very likely ... Read moreMastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend
March 25, 2019The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. Loading funds onto a prepaid card that ... Read moreSamsung Pay: Getting Past Contextual Commerce Friction
March 25, 2019For an increasingly growing share of connected consumers, contextual commerce is becoming a way of life – even if they aren’t exactly familiar with the term. With the rapid proliferation ... Read more
Amex Delinquency Rates Flat In March
April 15, 2019American Express, the payments company, reported Monday (April 15) that credit card delinquency rates in March were flat with February, which should be welcome news as investors look for more ... Read moreRevolution Payments Tackles Biz Card Fees With Level 3 Data
April 8, 2019Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded 24 years ago, ... Read moreWells Fargo Rolls Out Contactless Credit, Debit Cards
April 2, 2019Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards.
In a press release, Wells Fargo said the new cards will enable customers to complete transactions ... Read moreData Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history is forever associated with the ... Read moreSephora Launches Its First Credit Card
March 14, 2019Sephora, the beauty retailer, announced on Thursday (March 14) the launch of a new credit card program.
The company said in a press release that starting in the spring, it will ... Read moreVisa, Mastercard, Banks Settle Card Fee Lawsuit
February 22, 2019In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed to provide roughly $6.24 billion ... Read morePetal Raises $30M To Expand Credit Card Biz
January 29, 2019Petal, the New York-based FinTech that makes a credit card for consumers just starting out, announced Tuesday (Jan. 29) that it raised $30 million in venture funding.
In a press release, ... Read moreInvestors Eyeing Card Volume, B2B Gains For Visa’s Earnings Report
January 29, 2019Investors and analysts will have their eyes on Visa’s growth across cross-border transactions and card spend in its fiscal first quarter, a double-digit trajectory seen in its latest earnings report ... Read moreMastercard To Apply For China Payments License
January 27, 2019Mastercard, the payments company, said late last week that it is still committed to operating in China.
In a press release, Mastercard said that it is making every effort to secure ... Read moreVisa, Yelp Pair On SMB Advertising
January 24, 2019Visa and Yelp are pairing on an advertising initiative for U.S.-based small and mid-sized businesses (SMBs), eyeing increased presence on the latter’s local search service.
Under the term of the pact, ... Read more
Jumia Stock Debut Signals Appeal Of African eCommerce
April 12, 2019It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 ... Read moreQSRs Redouble App Efforts Amid Mobile Order-Ahead Surge
April 8, 2019In the digital age of dining technology, consumers have a range of alternatives to ordering at the counter or drive-thru: They can tap into a wide array of quick-service restaurant ... Read moreWells Fargo Rolls Out Contactless Credit, Debit Cards
April 2, 2019Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards.
In a press release, Wells Fargo said the new cards will enable customers to complete transactions ... Read moreApple Pay’s Broadway Debut
March 29, 2019Ticketing platforms for Broadway shows and other theatrical productions have long sought to reduce friction at checkout for their customers. TodayTix, for instance, launched in 2013 with the aim of ... Read moreMercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection
March 27, 2019Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up between Mercari and Line for payments in Japan. Mobile payments are on the ... Read moreWill Amazon Pay Plus Worldpay Conquer Food?
March 25, 2019Most of the payments chatter last week focused on FIS’ mega acquisition of Worldpay. The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical ... Read moreHow Connected Consumers Order Ahead During Their Commutes
March 20, 2019In the age of smartphones, tablets and voice assistants, the morning or evening commute provides a myriad of opportunities for consumers to interact with the world. Those possibilities also extend ... Read moreIf Cash Won’t Die, Why Not Manage It Better Digitally?
March 15, 2019Cash is a survivor. Cash will likely outlive us all.
Sure, among many consumers (including younger people), dollar bills, C-notes and the like stand almost as relics — to these consumers, ... Read moreHow Reebok Captures In-Store Impulse Buys
March 8, 2019Mobile point-of-sale (mPOS) adoption is becoming increasingly high on retailers’ to-do lists. A full 45 percent of retailers listed it as a priority this year, according to a recent survey, ... Read moreHow HomeAway Uses Payments To Build Trust In The Sharing Economy
March 5, 2019If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross ... Read more
