Prepaid Cards

Predictions that gift cards would be a popular choice this holiday shopping season may bear out. At least one gift card provider, Tillo Inc., finds that across Black Friday to Cyber Monday, Nov. 28-Dec.1, its total sales were up 41% over the similar period in 2024. Tillo, based in the …

In-store and online retail sales in the U.S. market grew 3.9% from Nov. 1 through Dec. 21 compared to last year, according to Mastercard Inc.’s SpendingPulse report, which excludes automotive sales. The result, which is not adjusted for inflation, represents all payment types… …while preliminary data in a separate report from Visa Inc. indicate …

A report from AU10TIX identified 2025 as the “year of machine deception,” in which synthetic identities and automated fraud engines have learned to adjust and adapt in real time. Cross River Bank said it has launched a proprietary, in-house card-processing engine in a move it says places it among a select group of …

Cryptocurrency-technology platform MoonPay Inc. said it will support payments by users via cards, bank transfers, Apple Pay, Google Pay, PayPal, or Venmo to fund their Zengo Wallet, a cryptowallet said to be used by more than 2 million persons and businesses in more than 180 countries. Tai Software, which develops automation technology …

Afterpay, the buy now, pay later option from Block Inc., will soon test a new way to use the payment method at the point of sale with a Visa debit card. Meanwhile, rival BNPL provider Klarna AB is expanding the locations where consumers can use Klarna to make gift card …

PayPal Holdings Inc. said it is an official digital payments partner with U.K.-based soccer club Liverpool FC. Already an option in the club’s digital payments platforms, PayPal will be featured more prominently on checkout and payment screens in the club’s e-commerce and All Red services. All Red is a membership program …

Research released by processor FIS Inc. indicates almost 75% of consumers would be open to trying stablecoins if the digital currency were offered by their bank, whereas 3.6% profess comfort with unregulated providers. The research surveyed nearly 1,000 U.S. consumers. Digital financial-services platform SoFi Technologies Inc. has launched SoFi Crypto, a service allowing consumers …

E-commerce platform Miva Inc. launched MivaPay, developed with PayPal Holdings Inc., to make it easier for merchants to accept payments. Video-game commerce company Xsolla updated its Web Shop and Buy Button services. Payments provider Usio Inc. said it processed 16.2 million transactions in the third quarter, a record volume. Gaming payments specialist Pavilion Payments said Barton’s Club 93 …

PayPal Inc. has agreed to provide its artificial-intelligence technology to enable product discovery and payments for merchants using Wix.com Ltd.’s commerce platform. Payment card manufacturer CPI Card Group Inc. agreed to integrate into its prepaid card program the SafeToBuy technology from Australia-based prepaid card technology provider Karta. The technology embeds critical data in …