Payments News

On The Web

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Companies

Checkbook Joins Visa’s Fintech Fast Track Program

September 3 2020

“Checkbook.io , an end-to-end online payments processor, today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with the Visa network, and allowing Checkbook to easily leverage the reach, capabilities and security that VisaNet, Visa’s global payments network, offers. Through Fast Track, Checkbook is taking real-time payments to […]
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Companies

Norwegian Fintech Vipps in Payments Deal with Visa

September 3 2020

“Norwegian fintech company Vipps, said on Thursday it had struck a deal with global payments giant Visa ( V.N ) to expand in Europe. “The partnership between Visa and Vipps will give banks and card issuers access to a mobile wallet that is easy to use and which will contribute to an increased adoption of […]
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Companies

PayPal has a fraud problem

September 1 2020

“At first glance, the email looks like a textbook phishing attempt. Subject line: “Invoice from Help those affected by the California Wildfires. Body text: “‘Help those affected by the California Wildfires’ sent you an invoice for $35.00 USD.” A button in the email reads “View and Pay Invoice.” Who in their right mind would click that?”

On The Wires

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Companies

Citi Retail Services and Wayfair Announce New Strategic Partnership With Launch of Private Label and Co-Brand Credit Cards

September 11 2020

“Citi Retail Services and Wayfair, one of the world’s largest online destinations for the home, today announced a long-term partnership to provide a new private label Wayfair Credit Card and co-brand Wayfair Mastercard with compelling rewards and benefits for Wayfair customers. This new partnership with Citi Retail Services – one of North America’s largest and […]
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Companies

eBay Is Expanding Its Management of Payments to France, Italy and Spain

September 10 2020

“As part of modernizing its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to France, Italy and Spain in the first quarter of 2021. This expansion will continue to offer buyers flexibility and choice in payment methods and give sellers an easier way to manage their businesses. eBay began managing payments on its platform […]
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Companies

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

September 9 2020

“With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency. In fact, 80 percent of central banks surveyed are engaging in some form of Central Bank Digital Currencies (CBDCs) […]
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Companies

Mastercard Expands Installment Offerings Through Global Partnerships, Empowers More Consumers to Choose When to Pay with Pre-Sale, Point of Sale and Post-Sale Payment Options

September 2 2020

“The global pandemic is driving consumers to seek flexible payment options while issuers and merchants alike want to provide cardholders with choice, control and simplicity at checkout. To address this, Mastercard today announced a new partnership with TSYS, a Global Payments company, that will enable consumers to use their Mastercard to split transactions into installments […]