Credit Cards

Buy now, pay later providers continue to make inroads in payments, with Splitit Payments Ltd. integrating a service to make it easier for banks to offer their customers installment plans at checkout. Meanwhile, Affirm Holdings Inc. expanded how it works with processor Worldpay LLC by integrating its BNPL service into …

American Express Co.’s new campaigns to build more intimate relationships with restaurants and refresh its top-end Platinum card are starting to show signs of paying off, the card company said early Friday. The initiatives come as the company reported revenue growth of 11% year-over-year for the September quarter. The effort …

Universal Air Travel Plan Inc. (UATP) early Thursday announced it has partnered with Burbank, a United Kingdom-based fintech, to deploy an app that enables mobile devices to act as a POS terminal to process card-present transactions over the Internet.   The app is embedded in the merchant’s mobile app, which …

Processor FIS Inc. said it will soon release Smart Basket, technology designed to automatically optimize rewards and payment methods at checkout. Mastercard Inc. and Visa Inc. reached a proposed settlement of $199.5 million in a class action lawsuit a group of merchants filed almost 10 years ago, Reuters reported. The settlement still requires …

Klarna Group plc said it will support the AI-based Agent Payments Protocol from Google Inc. The technology allows shopping agents to find and buy products according to criteria set by consumers. Xplor Pay announced a partnership with Gatemaster Technology, a point-of-sale and ticketing software provider, that sees Gatemaster customers gain access to …

New research from Datos Insights found that credit and debit cardholders globally made 1.1 trillion purchases worth $45.5 trillion in 2024. Buy now, pay later provider Splitit launched its Agentic Commerce Partner Program, an invitation-only effort to bring card-linked installment payments to autonomous shopping agents. Some 86% of restaurant operators are comfortable with the …

Merchants are no strangers to rising payment-processing costs. Merchant-processing fees often feel unavoidable, driven by interchange rates and card-network rules that are beyond a merchant’s control. However, in April 2025, Visa introduced a program that could reshape how merchants manage these costs: the Commercial Enhanced Data Program, also known as …

American Express Co. cardholders are about to see targeted ads from premium brands on some AmEx-owned platforms. Announced Monday, Amex Ads is a digital advertising platform to help brands reach the issuer’s 34 million U.S. cardholders. It begins on AmexTravel.com and will expand to other AmEx-owned platforms. AmEx says this …

Instant Financial USA Inc., a platform that digitizes payments for hourly workers, said it has been chosen by the Munson Group to launch digital tips and paycards for workers at Munson’s 33 Sonic Drive-In and Buffalo Wild Wings locations. Theatre Capital announced it has acquired AllPaid Inc., a payments platform serving …

The credit card issuer Merrick Bank has re-launched its Ollo credit card with a refreshed design and new technology. The card was first issued in 2017 as a product for U.S. consumers facing challenges in obtaining a credit card. Valor PayTech, a 5-year-old provider of point-of-sale technology for merchants, announced it has …