The payment networks that have reported earnings thus far — Visa, Mastercard and American Express — show a full-fledged resurgence in credit spending, after green shoots started to emerge in previous quarters. Get the Full Story Complete the form to unlock this article and enjoy...
The U.K.’s payments watchdog has called for reforms that would increase competition in retailer’s card services amid a rise in cashless transactions stemming from the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
American Express Chief Financial Officer Jeff Campbell downplayed the omicron variant’s effect on travel spending Tuesday (Jan. 25) after the company saw its fourth-quarter profit exceed expectations amid record spending levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
American Express is adding more art to its high-end Platinum cards, Bloomberg reported Thursday (Jan. 20). 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...
The Merchant Payments Coalition (MPC) sent a letter on Wednesday (Jan. 19) to the U.S. Senate Committee on Banking, Housing and Urban Affairs to highlight Amazon’s decision and reversal regarding the acceptance of Visa credit and debit cards in the U.K. Get the Full Story...
In the U.K., Amazon’s ban on Visa cards has been abandoned, but the ripple effects may last long and reach far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Credit card issuer Chase and online grocery platform Instacart on Wednesday (Jan. 19) announced an expansion of their partnership with Instacart’s first credit card, with Chase as the exclusive issuer and Mastercard as the exclusive payments network for the new offering. Get the Full Story...
As the January 19th deadline loomed, inching closer — potentially changing the landscape for card payments in the U.K. —Amazon announced in a statement on Monday Jan. 17 that the change “will no longer take place.” Get the Full Story Complete the form to unlock...
Goldman Sachs will debut a new credit card with General Motors, according to a Bloomberg report Monday (Jan. 10). 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...
