Payments News

On The Web

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Providers

Klarna launches rewards program

“Fintech startup Klarna is launching a rewards program called Vibe this summer. If you use Klarna as your payment method, you’ll start earning points for every $1 you spend. You can then redeem your points for gift cards at Starbucks, Sephora, Foot Locker and Uber. Klarna is best known for its buy now and pay […]
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On The Wires

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Providers

Start Earning More Travel Rewards With the Hotels.com® Rewards Visa® Credit Card

“Hotels.com® announced today the launch of its first-ever credit card: the Hotels.com® Rewards Visa® Credit Card. The new, no-annual-fee card was designed with the traveler in mind, offering rewards that transform everyday spending into more rewarding travel. Hotels.com already has one of the most generous rewards programs in the industry. As a Hotels.com Rewards member, […]
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Companies

American Express and Marriott Bonvoy Introduce Limited-Time Offers Designed to Fuel Local Travel and Experiences

“Today, American Express and Marriott Bonvoy™, Marriott International’s travel program, are announcing rewarding limited-time offers available to the Marriott Bonvoy™ American Express® Cards. As travelers plan to explore locally and take more road trips, these benefits will reward Card Members for purchases at U.S. gas stations, U.S. restaurants and participating Marriott Bonvoy hotels. In addition […]
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Companies

Starbucks to Update Loyalty Program and App This Fall to Offer More Ways to Pay and Earn Stars

“Today, Starbucks announced plans to update its industry-leading Starbucks® Rewards™ loyalty program by giving members more payment options and ways to earn Stars through the Starbucks app. Beginning this fall in company-operated stores in the U.S. and Canada, Starbucks Rewards members will also be able to scan their app and then pay with cash, credit/debit cards, or […]
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Providers

InComm Launches American Express® Virtual Reward Card

“InComm , a leading payments technology company, today announced the launch of the American Express® Virtual Reward Card, a flexible solution for any rewards program. The American Express Virtual Reward Card is a tool designed to assist businesses in engaging customers or rewarding employees. With this digitally delivered prepaid reward card, recipients can access their […]
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Companies

New Research From PayPal Reveals How Americans Are Spending Credit Card Rewards In A COVID-19 World

“PayPal today released new research looking at purchasing behaviors of credit card rewards holders during the COVID-19 pandemic, revealing people around the country are turning to rewards balances to help them stretch their budgets (29%) and purchase the things they need most, such as groceries. However, with 39% of credit card rewards holders unaware of their rewards balances, […]
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Providers

Paysafe’s Skrill Extends Knect Loyalty Program to U.S. Customers

“Paysafe, a leading specialized payments platform, today announced the U.S. expansion of the global Knect loyalty program for its Skrill digital wallet. U.S. Skrill customers can now earn free points redeemable for cash rewards when they make transactions using the digital wallet or the associated Skrill Visa® Prepaid Card. Following the launch of the Skrill Visa® Prepaid […]
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Providers

Worth the Wait for Wine Enthusiasts Vertical Finance Launches Waitlist for Grand Reserve™ World Mastercard®

“Rewards and payments innovator Vertical Finance is throwing open the waitlist for its upcoming Grand Reserve consumer credit card designed specifically for wine enthusiasts, giving early adopters the potential to amass significant bonus reward points. Building on the success of the standalone Grand Reserve rewards program, which rewards consumers for their purchases at wineries, wine […]
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Providers

Marriott International Raises $920 Million In Cash Through Amendments To Co-Brand Credit Card Agreements With JPMorgan Chase & Co. And American Express

“Marriott International, Inc. (“Marriott” or “the company”) today announced it has signed amendments to its existing co-brand credit card agreements with JPMorgan Chase & Co. (“Chase”) and American Express.  These amendments will provide the company with $920 million of cash, further enhancing its liquidity, with $570 million coming from Chase and $350 million coming from American Express.”