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Blackhawk’s Rewards And Other Digital Transactions News briefs from 10/24/23
Prepaid payments platform Blackhawk Network said it is working with customer-engagement provider Extole to enable digital rewards and incentives for Blackhawk client merchants. U.S.-based Beame Technologies Inc. said it is working with authentication platform LISNR to offer BeamPay, a mobile-payments service, in Cabo Verde, Africa. U.S.-based business-to-business payments platform Balance said it is working with Hokodo, …
Read More »Rewards And Loyalty to Brands Still Drive Consumer Credit Use, Marqeta Finds
While rewards are the biggest reason consumers choose a credit card, cardholders believe issuers have more room for improvement when developing rewards programs, especially when it comes to personalization, according to Marqeta Inc.’s 2023 State of Credit report. The report reveals that 58% of consumers surveyed cited rewards as the …
Read More »Rewards Network Establishment Services Inc.
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Read More »As Consumer Credit Card Debt Rises, Satisfaction With Card Rewards Declines
As consumers take on increasing amounts of credit card debt, their satisfaction with credit card rewards and loyalty programs is eroding. That’s according to a report released Thursday by J.D. Power. The decline in satisfaction is being driven by consumers’ perception of the rewards earned per dollar spent, especially among …
Read More »Fiserv Makes Its uChoose Rewards Points Redeemable On Amazon.com
The big payments processor Fiserv Inc. is partnering with Amazon.com Inc. to enable credit and debit card holders enrolled in Fiserv’s uChoose rewards program to redeem points on Amazon.com. Cardholders enrolled in uChoose and the Amazon Shop with Points program can redeem rewards for all or part of their purchases …
Read More »Will the CCCA Cut Cardholder Rewards? Faster Payments at the ACH; NCR’s New Names
The CCCA Won’t Harm Card Issuers’ Ability to Fund Rewards Cards, MPC Says
The latest battle in the war over the proposed Credit Card Competition Act has focused on the question whether the legislation would cut rewards and other benefits for cardholders. Citing research from the consulting firm CMSPI, the Merchants Payments Coalition, a lobbying group for sellers, argues that passage of the …
Read More »Global’s Sloan Moving on; Amazon Revises Card Rewards; TreviPay Marks Spryker Integration
Amazon Offers Richer Rewards For its Cobranded Visa Cards
Amazon.com Inc. has beefed up the rewards for its Visa-branded cards issued by Chase, in response to cardholder’s desire for travel-related perks and the ability to earn more rewards for day-to-day expenses, such as commuting. Additionally, Amazon is allowing cardholders to redeem rewards daily and has rebranded its cards. Prime …
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