Credit Cards

The Invisible Tax on Merchants: Time Spent Managing Disputes
Credit Cards
The Invisible Tax on Merchants: Time Spent Managing Disputes
October 16, 2024

As the payments change, businesses are confronted with a need to refine their dispute resolution strategies to mitigate the impact of chargebacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Pivot Joins Amex Sync to Provide Better Cash Flow Management
Credit Cards
Pivot Joins Amex Sync to Provide Better Cash Flow Management
October 15, 2024

Commercial card FinTech Pivot Payables has launched an integration with American Express (Amex). 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 this form,...

Barclays Takes Over Goldman’s GM Credit Card Portfolio
Credit Cards
Barclays Takes Over Goldman’s GM Credit Card Portfolio
October 14, 2024

Barclays US Consumer Bank will become the exclusive issuer of General Motors’ GM Rewards Mastercard and GM Business Mastercard in the United States in the summer of 2025 and will acquire the card program’s receivables from the current issuer — Goldman Sachs — next year....

SoFi Adds Credit Cards Focused on Rewards and Credit Scores
Credit Cards
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
October 09, 2024

SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. 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...

Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
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 Card Issuers Raise Rates Ahead of Late Fee Cap
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...

35% of Cardholders Abandon Merchant After a Card Decline
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...

Galileo Targets Underbanked Consumers With Secured Credit Options
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...

Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
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...