On The Webnbsp;
"Wells Fargo & Company (NYSE:WFC) announced today that, for the first time, its customers are now the country’s largest users of debit and prepaid cards by purchase volume, according to 2016 data issued by The Nilson Report. The new ranking, released in The Nilson Report’s April 18, 2017 issue, shows Wells Fargo customers used their debit and prepaid cards to purchase more than $306 billion in goods and services in 2016."
Wall Street Journal (Paywall) - "India’s second-most-valuable startup, the mobile-payments app Paytm, has a new target after proving itself more popular than credit cards. “We’re competing with cash,” said Madhur Deora, Paytm’s chief financial officer. “In India, we’re not competing with cards.”"
On The Wiresnbsp;
"Zain has signed a strategic partnership agreement with Mastercard, a leading technology company in the global payments industry, to boost digital payment services in Jordan through ‘Zain Cash’ mobile wallet service powered by Mastercard."
“Cvent, Inc., a market leader in meetings, events and hospitality technology, today announced a strategic alliance with Citi®, the largest global issuer of self-owned and managed corporate cards, servicing more than 100 countries. By leveraging Citi’s global network and leadership in Commercial Cards, this alliance offers Cvent users and Citi clients a simplified payment path […]