Debit Cards

American Express Co. said it is working with its reservation-technology company Resy to encourage cardholders to order out from restaurants. The program includes new dining offers on many AmEx cards.Exactuals LLC, whose PaymentHub platform processes residuals, royalties, and other payments for the entertainment industry, said dollar volume on the platform grew …

Although the number of stolen credit cards for sale on the dark Web remained steady at around 45 million throughout 2020, some surprising trends emerged when it came to the type of cards for sale and the markets where they originated, says a new report from cybersecurity firm Sixgill. One such …

Visa Inc. along with many other payments companies was thrown for a loop by the coronavirus pandemic, but now it’s clawing it’s way back on the strength of debit cards, e-commerce, and a real-time payments service called Visa Direct. “In the United States, we are actually back to our prepandemic …

Now that NCR Corp. has reached an agreement to acquire Cardtronics plc, speculation is growing about what NCR plans to do with the new assets, specifically the 285,000 ATMs Cardtronics operates and its transaction-processing business.  For NCR, the value in the acquisition lies not in Cardtronics’ ATMs themselves, but in …

Mastercard Inc. saw overall payment volumes inch up in the final quarter of 2020, buoyed by rising debit card volumes and such factors as federal stimulus payments in the U.S. market, the card network’s top executives reported Thursday. Looking ahead, the arrival of vaccines to combat the coronavirus pandemic will …

Grocery commerce provider Mercatus launched its SNAP EBT Online service that enables recipients of Supplemental Nutrition Assistance Program benefits to order and pay for groceries online.Alliance Data Systems Corp. said its Bread unit is licensing its payments technology to Royal Bank of Canada to support the bank’s PayPlan point-of-sale installment-lending service. Alliance Data …

Payments provider Shift4 Payments Inc. rebranded its e-commerce platform as Shift4Shop. The platform is based on 3dcart, a company Shift4 acquired in November.Seventy-two percent of consumers used a credit or debit card to complete a cross-border transaction, according to the Global Voices 2021: Cross-Border Shopper Insights survey from eShopWorld, a cross-border e-commerce company.Visa Inc. has …

NCR Corp. entered into a definitive agreement Monday to acquire ATM network operator Cardtronics plc for $39 a share in an all-cash transaction valued at $2.5 billion, including debt. The deal, which NCR plans to finance with cash on hand and financing from Bank of America N.A., is projected to …

Growing numbers of consumers continue to grab their debit cards when shopping, with the overall U.S. spend made with debit cards up 25% for the week ending Jan. 17, compared to the week of Jan. 19, 2020, according to the PSCU Tracking Transaction Trends report issued Monday. Credit card spend was up …

Discover Financial Services reported mixed results Thursday for the fourth quarter of 2020. Despite a 4% decline year-over-year in revenue, which totaled $2.82 billion, Discover’s net income rose 13% to $799 million.  Payment Services volume totaled $70.1 billion, up 6% year-over-year, with all four legs that comprise the division—the Discover …