Mastercard and Visa are preparing to raise the fees paid by merchants when consumers pay with credit cards, The Wall Street Journal (WSJ) reported Tuesday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bank of America saw a 16% year-over-year increase in total consumer payments in February to $294 billion among its 67 million clients, according to a Tuesday (March 8) press release. The company also noted BofA consumer client payments were up 5% from February 2020 to...
An average of 9% of cardholders were asked to pay a surcharge of their most recent credit card purchase at restaurants or retail stores, according to Credit Card Surcharges, a PYMNTS and Payroc collaboration that surveyed 2,507 U.S. credit card users. Get the Full Story...
Visa and Mastercard separately announced that they are both blocking numerous Russian financial institutions from their global card payment networks, in support of and compliance with sanctions imposed by the West following Russian President Vladimir Putin’s attack on Ukraine. Get the Full Story Complete the...
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Small and medium-sized business (SMB) credit platform Tillful has collaborated with payment card creation company Highnote and Mastercard on the Tillful Card, which will increase SMBs’ access to credit and growth capital, according to a Wednesday (Feb. 9) Highnote press release. Get the Full Story...
Credit card processor Revolution Payments has made text payments available for its gateway customers in the U.S. 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...
FinTech Upgrade, offering consumer credit, mobile banking and payment products, is launching a new solution to help customers reduce the sting of inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Digital payments platform Newt Corporation has inked an agreement with Element Bank to issue branded credit and debit cards in Mexico, the company announced Tuesday (Feb. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
