Visa disclosed Thursday (Sept. 26) that it authorized the deposit of $1.5 billion into the litigation escrow account previously established under its U.S. retrospective responsibility plan. The company made this move Wednesday (Sept. 25), it said in a filing with the Securities and Exchange Commission (SEC). “Under the...
For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the minimum balance, and rewards and loyalty programs have varied wildly. Debit cards provide access to funds on hand. We’ve seen...
Nuvei has unveiled several new features and enhancements for its Nuvei for Platforms product. “Nuvei for Platforms is designed to accelerate growth and drive revenue for various business models, including marketplaces, commerce platforms, the gig economy, payment facilitators, and independent software vendors (ISVs),” the Canadian FinTech...
Visa has unveiled new features and programs designed to help merchants manage the disputes process. These new offerings will enable merchants to streamline the process and retain or recover legitimate sales, Visa said in a Tuesday (Sept. 24) press release emailed to PYMNTS. “Visa’s innovative...
Adyen said in a Thursday (Sept. 19) press release that it is now the official payments platform for theater chain Cinemark. The collaboration offers moviegoers increased payment options and ease of use, per the release. Adyen is powering payments on Cinemark’s website and mobile app,...
Monzo has begun letting its card customers access Apple’s monthly installment payments offering. The U.K. digital lender announced Tuesday (Sept. 17) that it is launching a credit card feature that lets customers choose monthly payments before completing their purchase online with Apple Pay when using the bank’s credit card product...
PayPal says it is expanding its partnership with eCommerce company Shopify. With this new collaboration, PayPal will become an additional online credit/debit processor for Shopify Payments via the PayPal Complete Payments solution, the company announced in a news release Monday (Sept. 9). “With a brand-new experience, PayPal wallet...
PayPal is integrating its debit card with Apple Wallet to enter the in-store payment arena. The company announced its omnichannel “PayPal Everywhere” solution Thursday (Sept. 5), and with it an expansion of its rewards program, letting users pick a monthly category of spending, such as groceries or clothing, to receive...
Zil Money’s OnlineCheckWriter.com now allows businesses to send checks funded by their credit card or wallet. The addition of this capability is part of an upgrade of its check mailing services, the company said in a Tuesday (Sept. 3) press release. With this service, OnlineCheckWriter.com...