Credit Cards

Processor NMI said it has expanded its NMI Business Capital program, offering new term loans and starter offers that ISOs, software companies, and software-as-a-service companies can offer merchants. U.S. consumers now expect AI agents to conduct 15% of their transactions, up from 9% a year ago, while 45% of Americans have used …

Caution among consumers when it comes to spending has led more than half of them to favor debit cards for purchases by a wide margin over credit cards, while a significant percentage want control over when their bills are paid, according to the latest ACI Speedpay Pulse Report from the …

Instant payments platform Pidgin said it is working with Millennium Corporate Credit Union, which provides services to other credit unions, to enable nearly 300 credit unions working with Millennium to use instant payments services, such as FedNow, RTP, and stablecoin access. Bread Financial announced a long-term renewal of its credit card program with …

MoneyGram launched its MoneyGram Card, a Visa-branded card backed by stablecoins and developed in partnership with Rain, a provider of stablecoin services. The card is available now in Colombia, with plans to launch in other markets over coming months. Flex Dental Solutions said its FlexPayments service will offer buy now, pay later …

Checkout.com launched direct acquiring in the United States under its Merchant Acquirer Limited Purpose Bank charter in Georgia. Mastercard Inc. announced Mastercard Wallet Pay, a set of technologies enabling interoperability and encouraging innovation among wallets for contactless and online payments. Some 4.3 billion persons globally now use digital wallets, a number expected …

Some 72% of U.S. consumers have used an AI assistant for shopping, but just 23% trust AI to manage payments, according to the Visa Trust Index for agentic commerce. The survey took place May 26-28 among a sample of 2,065 consumers, though the sample for the payment transaction question was 1,028 to …

Surcharging provider Yeeld said it is working with Housecall Pro, a platform supporting home-service professionals, to enable surcharging on credit card payments. CheckAlt said it will provide payment processing to LoanPro, a lending platform, to handle both paper-check and online-banking payments from LoanPro customers. Hewlett Packard Enterprise said it will support ticketless entry and …

With nearly 59% of U.S. consumers knowingly using an artificial-intelligence chatbot, according to the Pew Research Center, credit-reporting agency Experian plc is putting its credit card marketplace into AI tool ChatGPT. Announced Thursday, the plugin, available on ChatGPT’s plugin site, lets consumers explore credit card options for various types, such …

OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …