Debit Cards

Action in the payments industry on stablecoin plans appears to be perking up since President Donald Trump signed the GENIUS Act into law this summer, legislation whose rules are expected to spark more action by mainstream payments players on issuing and accepting the digital currency. One example emerged Wednesday with …

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 …

Klarna AB said more than 1 million consumers have signed up for its Klarna Card since the product debuted in the U.S. market July 4. The daily signup rate for the debit card reached 50,000 on Tuesday. The news follows the company’s announcement last month that it has become an in-store payment method …

Peer-to-peer payments competition has increased with the debut of PayPal links, a new way for PayPal users to send funds to others. PayPal links enable users to create a personalized link to share that contains the amount and a short description. PayPal says they can be shared in any conversation, …

Nuvei Corp. is adding the Paze digital wallet as an option for its merchants just as the much-anticipated fourth quarter nears. Paze is the online wallet from Early Warning Services LLC that is meant to expedite the checkout process for e-commerce businesses. Montreal-based Nuvei, privately held since last year, joins …

Instant Financial is tapping virtual card payments to make it easier for employers to pay their workers quickly and securely with its Virtual Paycard. In related news, U.S. Bank is marketing a new embedded service, U.S. Bank Payroll, to help small businesses better manage their payrolls. Atlanta-based Instant Financial says …

Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …

Buy now, pay later services might be mostly associated with e-commerce, but BNPL providers are steadily moving acceptance into stores. The latest is Klarna AB with Monday’s announcement it is now an in-store payment method at more than 400 Walmart Inc. locations across Canada. Sweden-based Klarna says Walmart is its …

Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …