Jack Henry & Associates has announced the launch of iPay CardPay, which enables its banks and credit unions “to provide near-real-time, card-funded bill payments using credit and debit cards as an alternative funding option,” according to a press release. Get the Full Story Complete the...
The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article...
BMO Harris Bank, in partnership with Mastercard, has introduced the True Name feature for debit Mastercard holders, which will allow for those in the transgender and non-binary communities to use their true first names on their payment cards without the need for a legal name...
Black Friday is the traditional start of the holiday shopping season and this year 151 million consumers got their Black Friday shopping groove on. This year, that groove was more online than at a physical store, but with all income groups spending at least 25...
French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Xoom, PayPal’s international money transfer service, announced the launch of its bill pay service in Jamaica. Through a partnership with bill platform provider Paykii, customers in the U.S., U.K., Canada and 37 markets across Europe can now use Xoom’s money transfer service to pay electricity,...
PayPal and Discover have joined forces to allow customers to use the credit card’s Cashback Bonus or Miles to buy things through PayPal, according to a Monday (Nov. 25) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant, The New York Times (NYT) reported, citing a source. The deal values Paytm’s parent company, One97 Communications, at $16...
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a credit card, the best outcome is to pay their balance in full each month, which has the benefit of buying...
