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.

Advent Buys Majority Stake In Argentine Card Issuer
Advent Buys Majority Stake In Argentine Card Issuer
January 23, 2019  |  Partnerships / Acquisitions

Advent International has announced that it is acquiring a majority stake in Prisma Medios de Pago, Argentina’s leading payments company. Advent is buying the 51...

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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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