debit cards

Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
February 14, 2024  |  B2B Payments

Mastercard and the Bank of Punjab (BOP) have expanded their two-decade-long partnership to cover the commercial segment in Pakistan. This expanded partnership will include solutions...

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Will NY’s New Limits Herald the End of Credit Card Surcharges?
Will NY’s New Limits Herald the End of Credit Card Surcharges?
February 12, 2024  |  Credit Cards

State by state, limit by limit, the age of credit card surcharges may be drawing to an end. And while much depends on various legal...

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New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
February 02, 2024  |  Earnings

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of...

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Big Spenders: Digital Wallet Users Spend 31% More When Buying Retail and Grocery Products
Big Spenders: Digital Wallet Users Spend 31% More When Buying Retail and Grocery Products
February 01, 2024  |  Digital Payments

Digital wallets, such as Apple Pay, Google Pay and PayPal, provide convenient and secure ways to complete online purchases. These wallets remove the cumbersome process...

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Card-Linked Offers Are Still Unfamiliar to 37% of Cardholders
Card-Linked Offers Are Still Unfamiliar to 37% of Cardholders
January 26, 2024  |  Retail

Card-linked marketing uses past purchase data to create targeted, relevant offers to potential customers that are often presented through mobile or online banking applications. By...

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Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
January 25, 2024  |  VISA

Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted...

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Federal Reserve Extends Comment Period on Interchange Fee Proposal
Federal Reserve Extends Comment Period on Interchange Fee Proposal
January 23, 2024  |  Bank Regulation

The Federal Reserve Board has extended the comment period on its interchange fee proposal. Originally set to end on Feb. 12, the comment period is...

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JPMorgan Earnings: Credit and Debit Spend Surges 7%
JPMorgan Earnings: Credit and Debit Spend Surges 7%
January 12, 2024  |  Earnings

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  And the big bank’s metrics are showing evidence that consumer...

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American Express Faces Class-Action Lawsuit on Rules for Merchants 
American Express Faces Class-Action Lawsuit on Rules for Merchants 
January 10, 2024  |  Legal

Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.  This follows a Tuesday (Jan. 9)...

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