credit card

Credit card is a payment card issued to cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges.

Mastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard Fined $648M Over X-Border EU Interchange Fees
January 22, 2019  |  Regulation

Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially....

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Mastercard Slams Brakes On Subscription Auto Opt-In Billing
Mastercard Slams Brakes On Subscription Auto Opt-In Billing
January 17, 2019  |  Mastercard

Mastercard has announced that it is introducing new rules for merchants that offer free trials, requiring them to get cardholder approval when the trial ends before...

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Nordstrom Shares Fall Following Earnings Due To One-Time Charge
Nordstrom Shares Fall Following Earnings Due To One-Time Charge
November 16, 2018  |  Retail

Amid a charge to earnings related to incorrectly calculated interest rates on its credit cards, Nordstrom’s stock tumbled by close to 10 percent in after-hours...

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Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results
Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results
November 16, 2018  |  Retail

Nordstrom’s stock was under pressure Thursday (November 15) after the department store operator posted third-quarter results that missed its projections and disclosed it overcharged some of...

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Amex Biz Gold Card Offers Flexible Repayments
Amex Biz Gold Card Offers Flexible Repayments
November 08, 2018  |  Payment Methods

American Express announced on Thursday (Nov. 8) the launch of its new Business Gold Card, which comes with four times Membership Rewards points on the...

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Brex Overhauls Rewards Program To Give Startups The Perks They Want
Brex Overhauls Rewards Program To Give Startups The Perks They Want
October 31, 2018  |  Startups

Brex, the corporate card for startups company, announced earlier this week that it has overhauled its credit card rewards system to give more awards to its...

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INVEX Links With Ondot On Instant Digital Credit Card In Mexico
INVEX Links With Ondot On Instant Digital Credit Card In Mexico
October 22, 2018  |  Digital Payments

The INVEX credit card business said on Monday (Oct. 22) that it has linked with Ondot, which focuses on mobile payments, to deliver what is...

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Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance
Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance
October 16, 2018  |  Payments Innovation

Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees...

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Visa, Grasp Tech Team Aim To Simplify Biz Travel
Visa, Grasp Tech Team Aim To Simplify Biz Travel
August 21, 2018  |  VISA

Visa has announced it is partnering Grasp Technologies, a leading provider of data management, visualization and payment solutions in the Travel and Expense (T&E) industry, to...

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