January 19, 2022
Today in the Connected Economy: Chicago Bulls Team With Klarna
Today in the connected economy, the Chicago Bulls team up with Klarna, while Instacart joins forces with Chase and Mastercard to launch a new credit card, and Sezzle works with...
January 19, 2022
Today in Food Commerce: Instacart Announces Credit Card Launch; 7-Eleven...
Today in food commerce, Instacart is partnering with Chase and Mastercard, and 7-Eleven is getting into subscription commerce. Plus, Aldi is opening its first cashier-less checkout supermarket in London. Instacart...
January 19, 2022
Merchant Payments Coalition Urges US Lawmakers to Consider Card Fees
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...
January 19, 2022
UK Fines Mastercard Over Prepaid Cartel Activities
Five payment companies, including Mastercard, have been fined a total of more than £33 million (US$45 million) for operating illegal cartels when providing prepaid cards for local authorities to distribute...
January 19, 2022
PYMNTS DeFi Series: How to Buy an NFT in 19...
Welcome to PYMNTS’ series on nonfungible tokens (NFTs), the newest craze in cryptocurrency. We’ll be looking at every part of the NFT craze sweeping the worlds of art, video games,...
January 19, 2022
Interchange Fees Back in US Antitrust Spotlight Post Amazon UK...
In the U.K., Amazon’s ban on Visa cards has been abandoned, but the ripple effects may last long and reach far. To that end, some of the biggest retailers in...
January 19, 2022
Instacart Launching Co-Branded Credit Card With Chase, Mastercard
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...
January 19, 2022
Deep Dive: How Digital Payment Options Impact Cross-Border Customer Satisfaction
eCommerce growth is expected to continue as the pandemic persists, and merchants are working to support the increasing volume of cross-border transactions. One survey found that 32% of consumers from 40 countries made more cross-border purchases from...
January 18, 2022
Competition Policy Response to Digital Based Business Expansion in Brazil
This note discusses recent developments at the Brazilian Antitrust Authority – CADE – on handling digital markets and platform cases. It provides a brief view of official reports and jurisprudence,...
Embedded finance can help nonfinancial brands reach their full potential by allowing customers to transact seamlessly wherever they are, reducing the risk of cart abandonment online, says Mastercard’s Sherri Haymond. Read more in the “Embedded Finance Tracker®,” a collaboration with Galileo,