Payments News

On The Web

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Tech

Once a Tool of the Elite, Metal Credit Cards Now Turn Up Everywhere

“Like other luxuries once restricted to the wealthy—cellphones, private airport lounges and French handbags—metal credit cards have trickled down the income stream. Capital One Financial Corp. and other banks have added metal to some of their credit cards with the idea that the hefty feel makes customers feel special and maybe spend more. Customers typically […]
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Tech

Cornèr Banca Issues Biometric Payment Card

“Swiss bank Cornèr Banca has launched a biometric payment card that lets customers make contactless payments without being restricted to the usual CHF40 (US$40) contactless transaction limit. The new Cornèrcard Biometric Gold Visa credit card is being made available as a limited edition of 100 cards and carries a one-time membership fee of CHF300 (US$300) […]

On The Wires

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Tech

Visa and Postmates Deliver “Instant Deposits” to Postmates’ Fleet via Stripe Instant Payouts

“Today, Visa announced an agreement with Postmates, the nation’s largest on-demand delivery network, to enable real-time2 funds disbursement to their entire fleet. This new feature, called Postmates “Instant Deposits,” is facilitated by Stripe’s Instant Payouts feature, running on Visa Direct, Visa’s real-time push payments platform, and is now live and available to the Postmates fleet of […]
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Tech

Grab Launches Asia’s First Numberless Card

“Grab, Southeast Asia’s leading everyday super app today announced the launch of GrabPay Card, Asia’s first numberless card that offers users unparalleled card security, access to an expanded rewards ecosystem and hassle-free Grab payments integration in order to bring cashless convenience to millions in Southeast Asia.”
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Tech

American Express Expands Virtual Card Footprint With Coupa Pay Integration

“Today, American Express and Coupa announced the availability of the American Express virtual Card as a payment option within Coupa’s leading business spend management (BSM) platform. The new payment integration with Coupa Pay, a set of payment and financial solutions within the Coupa BSM platform, is expected to first be available to American Express Corporate […]
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Tech

New NatWest Debit Cards Now Accessible for All Customers

“The new design helps customers easily and quickly identify the correct way a card should be inserted into a cash machine. The flat design also makes it easier to fit into a wallet or purses and helps to increase the lifespan of the card. The larger card lettering helps make it easier for customers to […]