Issuing/Originating

The economic uncertainty brought on last year by the coronavirus pandemic has given a lift to the point-of-sale installment lending trend, with payments giants like PayPal Holdings Inc. jumping into a market that has been pioneered by fast-growing buy now, pay later startups like Affirm Inc., Afterpay Ltd., Klarna AB, …

To support a cryptocurrency-payments launch set for April in the United States, London-based digital-payments platform Wirex has linked to crypto-trading firm Zero Hash. Harold Montgomery, former chief executive of independent sales organization Calpian Inc., is managing director for Wirex USA Inc.Parking-app provider ParkMobile LLC said its latest municipal agreement allows its app to be …

Payments provider Klarna AB has entered the cryptocurrency market with an agreement with Swedish crypto broker Safello, which is launching Klarna Open Banking to allow 180,000 Safello users to buy digital currencies directly from their bank accounts.Mastercard Inc. and payments provider Island Pay have collaborated with the central bank of the Bahamas to …

With little indication e-commerce spending is slowing, consumers are favoring using their debit cards on Amazon.com Inc., with a 70% increase in debit card transactions at the giant e-commerce retailer for the week ending Feb. 7, compared to the week ending Feb. 9, 2020. That’s according to the latest Tracking …

PayPal Holdings Inc. on Tuesday threw the door wide open for applications for its new Venmo credit card. The Visa-branded card, which the company has had in the works since 2019 and began issuing to select users in October, includes a Quick Response code, a rewards structure, and, through the Venmo …

As part of its ongoing efforts to make purchasing cryptocurrency easier and attract new users, Atlanta-based blockchain-payment processor BitPay Inc. is teaming with Simplex Payment Services, a Vilnius, Lithuania-based financial institution, to enable European consumers to purchase cryptocurrency using a credit or debit card and incur no cardholder fees for 45 …

The push to increase the utility of cryptocurrency for purchases got a shot in the arm Friday as BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, announced its prepaid Mastercard cardholders can add their card to the Apple Wallet and make purchases using Apple Pay. The BitPay Mastercard is …

The two big card networks have made no bones about their interest in supporting cryptocurrency transactions, and this week both made big moves in that direction. The bigger move came from Mastercard Inc., which on Wednesday announced its intention to launch later this year the ability to send and receive …

Affirm Inc. said it had 4.5 million active customers in its fiscal 2021 second quarter ended Dec. 31, a 52% increase from the second quarter of fiscal 2020.Payments provider Repay Holdings Corp. said an integration with PN3 Solutions, a software provider for business-to-business payment automation, will allow PN3’s clients to complete payments to …

Buy now, pay later specialist Uplift Inc. said it signed new travel brands and experienced a 72% growth in monthly transaction revenue in the 2020 fourth quarter. New clients coming online in the second quarter include Alaska Airlines, Frontier Airlines, Virgin Voyages, and Air Canada Vacations.ACI Worldwide Inc. said it and Gilbarco Veeder-Root, …