Credit Cards

Credit Cards
Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
October 09, 2024

FinTech company Mercury secured a $100 million credit warehouse with Natixis Corporate & Investment Banking to grow its corporate credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Credit Cards
Credit Card Issuers Raise Rates Ahead of Late Fee Cap
October 07, 2024

Credit card issuers reportedly have been raising interest rates on the cards and adding new fees to make up for revenue they may lose from a cap on late fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Credit Cards
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024

Striking the right balance between seamless payments and strong security is crucial for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Credit Cards
Galileo Targets Underbanked Consumers With Secured Credit Options
September 25, 2024

Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Credit Cards
Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
September 20, 2024

Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Credit Cards
Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores
September 18, 2024

Synchrony’s CareCredit health and wellness credit card is now accepted for select items in nearly 2,200 Albertsons, Safeway, Vons, ACME, Shaw’s and Jewel-Osco stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Credit Cards
Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
September 17, 2024

U.S. consumers are taking on more card debt than has been seen in years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Credit Cards
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024

Goldman Sachs this week reported losses related to its Main Street lending business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Credit Cards
Indian FinTech PhonePe Launches Credit Use on App
August 22, 2024

PhonePe is rolling out a way for Indian consumers to link their credit lines to the Unified Payments Interface (UPI) on its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...