Credit Cards

Credit Cards
Ascenda Teams with Hyundai Card to Intro Amex Cards in South Korea
March 10, 2022

Payments and banking rewards firm Ascenda is partnering with credit card issuer Hyundai Card to introduce a suite of consumer and corporate cards on the American Express network in South Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Credit Cards
Most Consumers Aware of Card Surcharges, and Try to Avoid Them
March 09, 2022

Credit card surcharges are everywhere, and consumers know it. 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,...

Credit Cards
Discover/Diners Club Suspends All Actions in Russia
March 08, 2022

The Discover card network said Tuesday (March 8) it has no active partners in Russia and Belarus, and that its Discover, Diners Club, Network Alliance Partners and PULSE cards are not being accepted there. Get the Full Story Complete the form to unlock this article...

Credit Cards
Mastercard, Visa Prep Fee Hike for April
March 08, 2022

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...

Credit Cards
BofA Consumer Payments Up 16% to $294B in February
March 08, 2022

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...

Credit Cards
90% of Cardholders Check Receipts for Credit Card Surcharges
March 07, 2022

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...

Credit Cards
Visa and Mastercard Ban Russian Banks, Pledge $2M Each in Aid
March 01, 2022

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...

Credit Cards
Report: The Impact of Merchant Surcharges on Cardholder Satisfaction
March 01, 2022

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, you agree to receive marketing communications from PYMNTS and...

Credit Cards
Tillful Launches Card for Small Businesses With Highnote and Mastercard
February 09, 2022

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...