Card Payments news and trends

Visa and CARD91 Partner to Bring Platform-as-a-Service Forex Cards to Issuers
Partnerships // October 04, 2024

Visa and CARD91 have partnered to enable regulated entities to issue Forex Cards on the Visa network. This collaboration brings together Visa’s digital payments network and CARD91’s issuance platform-as-a-service solutions to improve the issuance experience for both cardholders and issuers, the companies said in a Thursday...

Physical Cards Hold the Keys to a Passwordless Future
Authentication // July 02, 2024

It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction. It’s a tension that...

Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
Legal // July 02, 2024

After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. The opinion comes almost a...

Only 6% of Acquirers Offer Installment Payment Options at Checkout
Buy Now Pay Later // June 21, 2024

Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked installment options, but recent PYMNTS Intelligence data reveals the actual percentage is much lower. According to our report, “Navigating New...

Interviews & Exclusives
Physical Cards Hold the Keys to a Passwordless Future

July 02, 2024
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction. It’s a tension that has not escaped the attention of Adam Lowe, chief product […]

Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion

July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa,...

Data Revolution Adds Stability to Uncertain Financial Transactions

May 02, 2024
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry.   Continued uncertainty...

Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets

February 16, 2023
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that...

Quick Reads
Mastercard to Begin Rollout of Real-Time Card Payments in South Africa

October 08, 2024
Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card payments via Mastercard’s product innovations, enhancements to its network and strategic partnerships, according to a Tuesday (Oct. 8) press release. In the future, it will also enable issuing banks to process […]

Visa and CARD91 Partner to Bring Platform-as-a-Service Forex Cards to Issuers

October 04, 2024
Visa and CARD91 have partnered to enable regulated entities to issue Forex Cards on the Visa network. This collaboration brings together Visa’s digital payments network and CARD91’s issuance platform-as-a-service solutions to...

Ryft Enables UK Merchants to Accept American Express Card Payments

March 14, 2024
Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments from Amex Cards,” Ryft said...

Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia

February 20, 2024
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service...